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This is a Bibliometric Analysis study (also classified as: Systematic Review).

Is carbon tax really working for reducing carbon emissions? – A bibliometric and systematic literature review

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The carbon tax can reduce carbon emissions by 5–21% in established markets, indicating variable effectiveness based on market maturity.
Hybrid approaches combining carbon taxes and emission trading systems yield the best results in addressing carbon emissions.
Future research should explore the various theories behind carbon tax impacts on emissions reduction and consider multiple policy measures.
The study's novel approach combines bibliometric analysis and systematic literature review, establishing a new connection between carbon taxes and emissions.

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Systematic literature review and bibliometric analysis reveal the carbon tax's variable effectiveness on emissions reduction.

Setiabudi et al. (2025) studied this question.

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