A whole-economy carbon price for Europe and how to get there
Ottmar Edenhofer (),
Michael Pahle and
Georg Zachmann ()
Policy Contributions from Bruegel
The European Union’s plan for climate neutrality by 2050 reopens the question of the role carbon pricing can and should play. Carbon pricing should not – and ultimately cannot – only be an enforcement tool or backstop that ensures targets are met, while the heavy-lifting of decarbonisation comes from directed technological change policies. Instead, a technologyneutral carbon price must become the main element, providing signals for decarbonised operations, investment and...
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Persistent link: https://EconPapers.repec.org/RePEc:bre:polcon:41514
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