Green premiums are a challenge and an opportunity for climate policy design

Till Köveker (), Olga Chiappinelli, Mats Kröger, Oliver Lösch, Karsten Neuhoff (), Jörn C. Richstein and Xi Sun
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Till Köveker: German Institute for Economic Research (DIW Berlin)
Olga Chiappinelli: Universitat de Barcelona
Mats Kröger: German Institute for Economic Research (DIW Berlin)
Oliver Lösch: Institute for Resource Efficiency and Energy Strategies (IREES) GmbH
Karsten Neuhoff: German Institute for Economic Research (DIW Berlin)
Jörn C. Richstein: German Institute for Economic Research (DIW Berlin)
Xi Sun: German Institute for Economic Research (DIW Berlin)

Nature Climate Change, 2023, vol. 13, issue 7, 592-595

Abstract: Adjusting green public support programmes to green premiums can reduce public spending, yet this is challenged by uncertainty. Underfunding green technologies can delay the green transition, and overfunding them can increase transition costs. Both risks of under- and overfunding can be reduced using responsive adjustments.

Date: 2023
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DOI: 10.1038/s41558-023-01689-2

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