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Climate change policy and carbon pricing

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  • Santos, Georgina

Abstract

Carbon prices and carbon caps need to be set at levels that will deliver the reduction targets necessary to keep global warming under 2 °C, aspiring to 1.5 °C above pre-industrial levels, in line with the Paris Agreement. Given both the urgency of the situation and the heterogeneity across countries and sectors, switching caps and switching prices may be the answer.

Suggested Citation

  • Santos, Georgina, 2022. "Climate change policy and carbon pricing," Energy Policy, Elsevier, vol. 168(C).
    • Handle: RePEc:eee:enepol:v:168:y:2022:i:c:s0301421522002105
    DOI: 10.1016/j.enpol.2022.112985
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    Cited by:

    1. Liu, Tie-Ying & Lin, Ye, 2023. "Does global warming affect unemployment? International evidence," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 991-1005.
    2. Chu, Long & Do, Thang Nam & Le, Thi Ha Lien & Ho, Quoc Anh & Dang, Khoi, 2024. "Carbon border adjustment mechanism, carbon pricing, and within-sector shifts: A partial equilibrium approach to Vietnam's steel sector," Energy Policy, Elsevier, vol. 193(C).
    3. Peñafiel-Mera, Allan & Santos, Georgina, 2024. "Differences in perceptions of fuel duties and emissions trading in road transport," Transport Policy, Elsevier, vol. 153(C), pages 24-38.
    4. Li, Yangfan & Zhang, Xiaoyun, 2023. "Recycling scheme of carbon pricing for inclusive decarbonization and energy transition: A recursive computable general equilibrium analysis in China," Renewable Energy, Elsevier, vol. 217(C).
    5. Du, Panpan & Li, Qiliang, 2024. "Evaluating carbon tax impact on natural resource extraction in developing regions: Implicating green recovery," Resources Policy, Elsevier, vol. 89(C).

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