Supporting carbon pricing when interest rates are higher

Franziska Funke, Linus Mattauch, Thomas Douenne, Adrien Fabre and Joseph Stiglitz

No 38, Berlin School of Economics Discussion Papers from Berlin School of Economics

Abstract: To accept carbon pricing, citizens desire viable alternatives to fossil-fuel based options. As inflation and higher interest rates have exacerbated access barriers for capital-intensive green substitutes, the political success of carbon pricing will be measured by how well policy design enables consumers to switch.

Pages: 21 pages
Date: 2024-04-24
New Economics Papers: this item is included in nep-ene and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:bdp:dpaper:0038

DOI: 10.48462/opus4-5388

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