Credible commitment in carbon policy

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A Comparison of Energy Transition Governance in Germany, The Netherlands and the United Kingdom (2014, background): “This in turn contributes to a credible government commitment to long-term policies, which is a necessary precondition for creating a stable investment climate [52].”
Causes of the EU ETS price drop: Recession, CDM, renewable policies or a bit of everything? - New evidence (2014, background): “From this perspective, two types of approaches are discussed in the literature: (i) reducing policy uncertainty and (ii) decreasing the long-term commitment problem (Brunner et al., 2012).”
Negative emissions—Part 3: Innovation and upscaling (2018, background): “Because the climatic benefits of NETs are public goods, these markets will be highly affected by policy, which are often uncertain (Brunner et al 2012).”
When starting with the most expensive option makes sense: Optimal timing, cost and sectoral allocation of abatement investment (2018, background): “Similarly, the French carbon tax is scheduled to increase from 14.5 Euros per ton in 2015 to 100 Euros per ton in 2030, but no further increase is scheduled. prices (Brunner et al., 2012).”