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Carbon Pricing

A growing number of jurisdictions are adopting market-based climate policies. By putting a price on carbon, these policies give businesses the incentive to innovate so they can cut emissions at the lowest possible cost.

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International Emissions Trading & Global Climate Change: Impacts on the Cost of Greenhouse Gas Mitigation

Several factors influence the costs of greenhouse gas mitigation. This report illustrates the importance of one such factor—international emissions trading—in reducing the costs of carbon control. The authors find that an international greenhouse gas emissions trading regime will significantly lower …

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Publication
Market Mechanisms & Global Climate Change

There is growing evidence that providing businesses and consumers with market-based mechanisms for addressing environmental problems can achieve equal or better compliance while reducing costs and spurring technological innovation. In the context of climate change, countries have agreed to use …

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