Climate change poses an existential threat. Theoretical and empirical research suggest that carbon pricing and green R&D support are the right tools, but their implementation can be improved. Other policies, such as standards, bans, and targeted subsidies, also all have a role to play, but they have often been incoherent, and their implementation is delicate.
CITATION STYLE
Blanchard, O., Gollier, C., & Tirole, J. (2023, September 13). The Portfolio of Economic Policies Needed to Fight Climate Change. Annual Review of Economics. Annual Reviews Inc. https://doi.org/10.1146/annurev-economics-051520-015113
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