The Shadow Pricing Project
A uniform global carbon price is a cost-minimizing way to achieve CO2 emission reductions. However, the climate externality is not the only one from the use of fossil fuels, and this implies that the
Displaying 11 - 14 of 14 projects
A uniform global carbon price is a cost-minimizing way to achieve CO2 emission reductions. However, the climate externality is not the only one from the use of fossil fuels, and this implies that the
Carbon pricing and fossil fuel price subsidy reforms will have distributional implications. Kept unmanaged, they will have the power to stop reforms, frequently proven in the past. While it has been
Without phasing out global coal capacities in the power sector, international climate targets will likely be out of reach. Scenario analyses of optimal mitigation pathways consistently emphasize the
The Emission Pricing for Development program is developed in partnership with the Mercator Research Institute on Global Commons and Climate Change ( MCC). The MCC has several ongoing projects which