Supporting carbon pricing when interest rates are higher

F. Funke, Linus Mattauch, T. Douenne, Adrien Fabre and Joseph Stiglitz
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F. Funke: Technical University Berlin
T. Douenne: University of Amsterdam

Nature Climate Change, 2024, vol. 14, issue 7, 665-667

Abstract: To accept carbon pricing, citizens desire viable alternatives to fossil fuel-based options. As inflation and higher interest rates have exacerbated access barriers for capital-intensive green substitutes, the political success of carbon pricing will be measured by how well policy design enables consumers to switch.

Date: 2024
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DOI: 10.1038/s41558-024-02040-z

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