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It is difficult to identify another policy tool that has been either more celebrated or dismissed in recent decades as carbon pricing.  Long heralded by advocates as a silver bullet to confront climate change, it has increasingly been panned by critics as a political non-starter that distracts from serious climate mitigation.  This paper reviews the last half-decade of global climate policy and carbon pricing experience.  It examines significant political challenges to pricing adoption in nations including the United States.  However, it also demonstrates that carbon pricing can play an in...

Reconciling India’s Climate and Industrial Targets: A Policy Roadmap. Introduction India has performed remarkably well in terms of its climate trajectory over the past decade. From 2005 to 2014, the country’s GHG-emission intensity declined by 21 percent. [1] According to Climate Transparency, India is the only G20 nation on-track to achieve the targets under the Paris Agreement. [2] One of the key, albeit unfortunate, reasons behind India’s climate success is the underperformance of its manufacturing sector. Since industries constitute approximately one-fourth of the economy’s total ...