The limits of pricing carbon

Research output: Contribution to journalArticlepeer-review

3 Scopus citations

Abstract

Many analysts agree that we need to put a price on carbon through either a carbon tax or a cap-and-trade program. And yet, some of the most dramatic successes in carbon abatement have come from policies that do not put a price on carbon. This article considers some of the limits to price as an effective mechanism for transformation of the fossil fuel economy.

Original languageEnglish (US)
Pages (from-to)107-118
Number of pages12
JournalClimate Law
Volume4
Issue number1-2
DOIs
StatePublished - Jul 25 2014

Keywords

  • Cap-and-trade
  • Carbon price
  • Carbon tax
  • Economic incentives
  • Emission trading
  • European Union Emission Trading Scheme
  • Free market ideology
  • Kyoto Protocol
  • Technological change
  • Technological transformation

ASJC Scopus subject areas

  • Management, Monitoring, Policy and Law
  • Law

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