Political economy constraints on carbon pricing policies: What are the implications for economic efficiency, environmental efficacy, and climate policy design?

By Jesse D. Jenkins. 2014

288 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/bc6231651004cb13f238f9d5b745c7d75860c373

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In Economics and Econometrics

In Renewable Energy, Sustainability and the Environment

Citations in the corpus

Report of the high-level commission on carbon prices (2017, background): “Distributional and ethical aspects may also influence the design of climate policies (Jenkins 2014; Nemet et al. 2017; Harrison 2013; Fay et al. 2015; Stern 2015, 2014).”
Is Germany’s Energy Transition a case of successful Green Industrial Policy? Contrasting wind and solar PV (2014, background): “Nonetheless, literature finds many arguments for operating both systems in parallel, such as the long term aspect of developing technologies for carbon neutrality (Vogt-Schilb & Hallegatte, 2014), political economy arguments (Jenkins, 2014; Rozenberg et al., 2014), investment certainty for low carbo”
The effect of carbon pricing on technological change for full energy decarbonization: A review of empirical ex‐post evidence (2020, background): “High carbon prices could, theoretically, be more effective, but are often politically very difficult to implement and maintain (see, e.g., Jenkins, 2014).”
Instrument choice and stranded assets in the transition to clean capital (2017, background): “However, political economy issues may obstruct the implementation of substantial carbon prices (Fay et al., 2015; Jenkins, 2014; Bertram et al., 2015).”
Carbon pricing and deep decarbonisation (2018, background): “Similarly, Jenkins (2014) favours a multi-instrument approach including incentives for technological development, notably through creative use of carbon pricing revenues.”
Cutting with both arms of the scissors: the economic and political case for restrictive supply-side climate policies (2018, background): “Jordan and Matt 2014; Meckling et al. 2015; Urpelainen 2013).”
A Path Transition Towards a Bioeconomy—The Crucial Role of Sustainability (2019, background): “Examples are GHG emissions, land degradation through mining, air pollution or waste generation which give rise to negative externalities, which, in the absence of policy measures, are insufficiently reflected in market prices [135,136].”
Carbon pricing in climate policy: seven reasons, complementary instruments, and political economy considerations (2017, background): “We further briefly address some core political economy issues associated with carbon pricing, that is, reasons for why widespread implementation of such an instrument is not observed in reality.(4) This involves attention for distributional equity, lobbying, co-benefits, international coordination o”