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Supporting carbon pricing when interest rates are higher

Author

Listed:
  • Franziska Funke
  • Linus Mattauch
  • Thomas Douenne
  • Adrien Fabre
  • Joseph E. Stiglitz

Abstract

To accept carbon pricing, citizens desire viable alternatives to fossil-fuel based options. As inflation and higher interest rates have exacerbated access barriers for capital-intensive green substitutes, the political success of carbon pricing will be measured by how well policy design enables consumers to switch.

Suggested Citation

  • Franziska Funke & Linus Mattauch & Thomas Douenne & Adrien Fabre & Joseph E. Stiglitz, 2024. "Supporting carbon pricing when interest rates are higher," Berlin School of Economics Discussion Papers 0038, Berlin School of Economics.
    • Handle: RePEc:bdp:dpaper:0038
    DOI: 10.48462/opus4-5388
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