The fight against climate change continues to gain momentum, with 73 carbon pricing mechanisms operating worldwide as of April 1, 2023. Together, these systems account for a significant 23.04 % of global greenhouse gas emissions. The weighted average price for offsetting a metric ton of carbon dioxide is between $4 and $5, a number that fluctuates with market dynamics. However, the EU ETS boasts the steepest carbon price in 2023, reaching an impressive $5.6 per metric ton. (AstuteAnalytica India Pvt. Ltd., more at finance.yahoo.com)