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Good Fiscal Policy: Governments Using Carbon Pricing to Drive Low‐Carbon Investment
Author(s) -
Kerr Tom
Publication year - 2015
Publication title -
global policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.602
H-Index - 33
eISSN - 1758-5899
pISSN - 1758-5880
DOI - 10.1111/1758-5899.12265
Subject(s) - subsidy , investment (military) , economics , carbon fibers , key (lock) , carbon price , fossil fuel , natural resource economics , term (time) , fiscal policy , business , economic policy , international economics , macroeconomics , greenhouse gas , market economy , political science , ecology , politics , composite number , law , materials science , physics , quantum mechanics , composite material , biology
As nations navigate the best path to achieve long‐term decarbonization while also maintaining strong economic growth, it will be critical to get the prices right. Removing fossil fuel subsidies and putting in place a long‐term, meaningful price on carbon are two key ways to help direct private investment toward low‐carbon options.