International evidence on household affordability of deep decarbonization

H. Qi (), K. H. Cao, Y. S. Cheng and C. K. Woo
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H. Qi: Audencia Business School

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Abstract: We document international evidence on household affordability of deep decarbonization by applying a simple formula for an affordability index to publicly available market data. We conclude that economy-wide deep decarbonization policies are affordable for average households of the International Energy Agency's member regions and therefore politically feasible for these regions.

Keywords: Deep decarbonization; household affordability; expenditure function; carbon pricing; IEA member regions (search for similar items in EconPapers)
Date: 2025-09
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Published in Applied Economics Letters, 2025

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05265922

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