Shifting Paradigms in Carbon Pricing
Brigitte Knopf (),
Kerstin Burghaus (),
Christian Flachsland (),
Michael Jakob (),
Nicolas Koch () and
Ottmar Edenhofer
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Brigitte Knopf: Mercator Research Institute on Global Commons and Climate Change (MCC) gGmbH
Kerstin Burghaus: Mercator Research Institute on Global Commons and Climate Change (MCC) gGmbH
Christian Flachsland: Mercator Research Institute on Global Commons and Climate Change (MCC) gGmbH
Nicolas Koch: Mercator Research Institute on Global Commons and Climate Change (MCC) gGmbH
Intereconomics: Review of European Economic Policy, 2018, vol. 53, issue 3, 135-140
Abstract:
Abstract The first pillar of the old paradigm of carbon pricing is the assumption that an emissions trading scheme is the most cost-efficient way to achieve a certain emission reduction target. However, it has become obvious that the old paradigm is unable to solve a number of challenges, e.g. market participants’ myopia.
Date: 2018
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DOI: 10.1007/s10272-018-0735-6
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