How to Comply with the Paris Agreement Temperature Goal: Global Carbon Pricing According to Carbon Budgets

How to Comply with the Paris Agreement Temperature Goal: Global Carbon Pricing According to Carbon Budgets

Avoiding irreversible climate change as effectively as possible is one of the most pressing challenges of society. Carbon pricing that is uniformly valid on a global and cross-sectoral basis represents a cost-efficient policy tool to meet this challenge. Carbon pricing allows external costs to be al...

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Bibliographic Details
Main Authors: Martin Zapf, Hermann Pengg, Christian Weindl
Format: Article
Language:English
Published: MDPI AG 2019-08-01
Series:Energies
Subjects:
Carbon pricing
carbon law
remaining carbon budget
reduction path
policy framework
emissions trading
Pigouvian tax
global cap-and-trade system across all sectors
Online Access:https://www.mdpi.com/1996-1073/12/15/2983

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https://www.mdpi.com/1996-1073/12/15/2983

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