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Policy options for a socially balanced climate policy

Author

Listed:
  • Schwerhoff, Gregor
  • Nguyen, Thang Dao
  • Edenhofer, Ottmar
  • Grimalda, Gianluca
  • Jakob, Michael
  • Klenert, David
  • Siegmeier, Jan

Abstract

Climate policies, including removing fossil fuel subsidies or imposing carbon prices, can be designed in a way that is both efficient in addressing climate change and results in a fair distribution of the associated costs.

Suggested Citation

  • Schwerhoff, Gregor & Nguyen, Thang Dao & Edenhofer, Ottmar & Grimalda, Gianluca & Jakob, Michael & Klenert, David & Siegmeier, Jan, 2017. "Policy options for a socially balanced climate policy," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 11, pages 1-11.
    • Handle: RePEc:zbw:ifweej:201720
    DOI: 10.5018/economics-ejournal.ja.2017-20
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    Cited by:

    1. Asfaw, Solomon & Scognamillo, Antonio & Caprera, Gloria Di & Sitko, Nicholas & Ignaciuk, Adriana, 2019. "Heterogeneous impact of livelihood diversification on household welfare: Cross-country evidence from Sub-Saharan Africa," World Development, Elsevier, vol. 117(C), pages 278-295.
    2. Bak, Céline & Bhattacharya, Amar & Edenhofer, Ottmar & Knopf, Brigitte, 2017. "Towards a comprehensive approach to climate policy, sustainable infrastructure, and finance," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 11, pages 1-13.

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    More about this item

    Keywords

    G20; climate policy; distribution;
    All these keywords.

    JEL classification:

    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
    • H22 - Public Economics - - Taxation, Subsidies, and Revenue - - - Incidence

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