The Portfolio of Economic Policies Needed to Fight Climate Change

Olivier Blanchard, Christian Gollier () and Jean Tirole
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Christian Gollier: Peterson Institute of International Economics, Toulouse School of Economics, Toulouse Capitole University, Toulouse, France
Jean Tirole: Peterson Institute of International Economics, Toulouse School of Economics, Toulouse Capitole University, Toulouse, France

Annual Review of Economics, 2023, vol. 15, issue 1, 689-722

Abstract: Climate change poses an existential threat. Theoretical and empirical research suggest that carbon pricing and green R&D support are the right tools, but their implementation can be improved. Other policies, such as standards, bans, and targeted subsidies, also all have a role to play, but they have often been incoherent, and their implementation is delicate.

Keywords: climate change; carbon price; green R&D; carbon border adjustment; climate finance (search for similar items in EconPapers)
JEL-codes: D61 F18 H23 Q37 Q54 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (12)

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Working Paper: The Portfolio of Economic Policies Needed to Fight Climate Change (2023)
Working Paper: The portfolio of economic policies needed to fight climate change (2022)
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DOI: 10.1146/annurev-economics-051520-015113

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