Environmental Justice and Carbon Pricing: Can They Be Reconciled?

Abstract Carbon pricing has been criticized by environmental justice advocates on the grounds that it fails to reduce emissions significantly, fails to reduce the disproportionate impacts of hazardous co‐pollutants on people of color and low‐income communities, hits low‐income households harder than...

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Bibliographic Details
Main Authors: James K. Boyce, Michael Ash, Brent Ranalli
Format: Article
Language:English
Published: Wiley 2023-04-01
Series:Global Challenges
Subjects:
Online Access:https://doi.org/10.1002/gch2.202200204
Description
Summary:Abstract Carbon pricing has been criticized by environmental justice advocates on the grounds that it fails to reduce emissions significantly, fails to reduce the disproportionate impacts of hazardous co‐pollutants on people of color and low‐income communities, hits low‐income households harder than wealthier households, and commodifies nature. Designing carbon pricing policy to address these concerns can yield outcomes that are both more effective and more equitable.
ISSN:2056-6646