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A whole-economy carbon price for Europe and how to get there

Ottmar Edenhofer (), Mirjam Kosch, Michael Pahle and Georg Zachmann ()

Policy Contributions from Bruegel

Abstract: 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...

Date: 2021-03
New Economics Papers: this item is included in nep-ene, nep-env and nep-reg
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Page updated 2021-10-11
Handle: RePEc:bre:polcon:41514