Energy policy: Push Renewables to spur carbon pricing
Magazine article, 2015

Putting a price on carbon dioxide and other greenhouse gases to curb emissions must be the centrepiece of any comprehensive climate-change policy. We know it works: pricing carbon creates broad incentives to cut emissions. Yet the current price of carbon remains much too low relative to the hidden environmental, health and societal costs of burning a tonne of coal or a barrel of oil1. The global average price is below zero, once half a trillion dollars of fossil-fuel subsidies are factored in.

Energy

Economics

Climate sciences

Policy

Author

Thomas Sterner

University of Gothenburg

Tomas Kåberger

University of Gothenburg

Gernot Wagner

University of Gothenburg

Michael Oppenheimer

Princeton University

Katherine Rittenhouse

Environmental Defense Fund

Tomas Kåberger

Chalmers, Energy and Environment, Physical Resource Theory

Nature

0028-0836 (ISSN) 1476-4687 (eISSN)

Vol. 525 7567 27-29

Subject Categories

Economics

Environmental Sciences

Climate Research

DOI

10.1038/525027a

More information

Latest update

2/21/2018