2015-07-21
The holy grail of climate economics? A price on carbon. By Jonathan Camuzeaux, Environmental Defense Fund, 7/8/2015. "Because we live in a world of ‘bottom-up’ climate policy, this will require multi-pronged policy solutions, each tailored to a country’s particular economic and political conditions.At the heart of this broader approach, however, lies the holy grail of climate economics: a price on carbon." The authors go on to cite slashing fossil fuel subsidies, supporting renewables through a mix of policies, and a price on carbon as the way forward on climate pollution.
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