Policy Brief Series Future Social Market Economy
Bertelsmann Stiftung (ed.)
Dr. Thieß Petersen, Thomas Rausch
Policy Brief #2021/02: Carbon needs a price – and proactive economic policy measures
- Format Type
- Brochure
- Date of publication
- 05/07/2021
- Edition
- 1. edition
- Delivery status
- Available
Format
-
Broschur
Price
Free of charge
shipment within 3-5 days
Description
Greenhouse gas emissions must be reduced if climate change is to be slowed. Charging a higher price for emissions is an effective way to achieve that goal. Making emissions more expensive reduces emissions-generating activities and increases incentives to develop and use low-emission technologies. To avoid social hardship, however, proactive economic policy measures are also required, especially in the areas of social welfare, industrial production and innovation, and foreign trade.