Tag: Carbon pricing


Geopolitics of carbon pricing and clubs

The war in Ukraine has upended the European economy, with knock-on effects for gas and carbon prices. While it has reinforced the need to reduce the dependency on fossil fuels – thereby contributing to climate policy objectives – the social implications of climate and energy policy have also been pushed up the political agenda. There […]


From carbon pricing to climate clubs

Carbon pricing has been adopted as a key climate policy measure in an increasing number of jurisdictions. With much of the world moving towards net-zero targets since the entry into force of the Paris Agreement, carbon pricing instruments now operate in a different context for climate policy than when economists first proposed them. This report […]