Climate change policy and carbon pricing

Georgina Santos

Energy Policy, 2022, vol. 168, issue C

Abstract: Carbon prices and carbon caps need to be set at levels that will deliver the reduction targets necessary to keep global warming under 2 °C, aspiring to 1.5 °C above pre-industrial levels, in line with the Paris Agreement. Given both the urgency of the situation and the heterogeneity across countries and sectors, switching caps and switching prices may be the answer.

Keywords: Carbon pricing; Cap-and-trade; Carbon taxes; Climate change policy; Switching prices; Paris agreement (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:168:y:2022:i:c:s0301421522002105

DOI: 10.1016/j.enpol.2022.112985

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