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Using Carbon Pricing Revenues to Finance Infrastructure Access

Michael Jakob (), Claudine Chen, Sabine Fuss, Annika Marxen, Narasimha Rao and Ottmar Edenhofer

No 230602, Climate Change and Sustainable Development from Fondazione Eni Enrico Mattei (FEEM)

Abstract: Introducing a price on greenhouse gas emissions would not only contribute to reducing the risk of dangerous anthropogenic climate change, but would also generate substantial public revenues. Some of these revenues could be used to cover investment needs for infrastructure providing access to water, sanitation, electricity, telecommunications and transport. In this way, emission pricing could promote sustainable socio-economic development by safeguarding the stability of natural systems which constitute the material basis of economies while at the same time providing public goods that are essential for human well- being. An analysis of several climate scenarios with different stabilization targets and technological assumptions reveals that emission pricing has a substantial potential to close existing access gaps.

Keywords: Financial; Economics (search for similar items in EconPapers)
Pages: 31
Date: 2016-02-02
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Citations: View citations in EconPapers (4)

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https://ageconsearch.umn.edu/record/230602/files/NDL2015-094.pdf (application/pdf)

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Working Paper: Using Carbon Pricing Revenues to Finance Infrastructure Access (2015) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:feemcl:230602

DOI: 10.22004/ag.econ.230602

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