How should support for climate-friendly technologies be designed?
Stabilising global greenhouse gas (GHG) concentrations at levels to avoid significant climate risks will require massive ‘decarbonisation’ over the next few decades. Achieving the necessary scale of emissions reductions will require well-thought out strategies and a multifaceted policy effort to support a broad array of technological and behavioural changes. This paper outlines some core principles for guiding the design of clean technology policies, with a focus on energy
Carolyn Fischer is a Senior Fellow at Resources for the Future. Asbjørn Torvanger is a Senior Research Fellow at the Center for International Climate and Environmental Research – Oslo (CICERO). Manish Kumar Shrivastava is a Research Associate at the Energy and Resources Institute. Thomas Sterner is a professor in the Dept of Economics, University of Gothenburg, Sweden and University Fellow at Resources for the Future. Peter Stigson is a Senior Researcher at IVL Swedish Environmental Research Institute