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Decarbonizing economies through carbon pricing - iIs there an ideal policy mix?

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Resumo(s)

Explicit and implicit carbon pricing are indispensable to reduce emissions and direct economies towards carbon neutrality. This report aimed to investigate whether there is a policy mix that is the most effective in emission reduction. A cluster analysis showed that stringent market-based instrumentssuch asthe CO2 tax are substantial for effective emissionabatement. In a second step, a political feasibility analysis was conducted to investigate how Canada, can improve its environmental policy frameworks. This showed the importance of addressing distributional concerns when introducing environmental policies or when enhancing already existing ones.

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Climate change Decarbonization Carbon pricing

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Licença CC