Carbon Pricing Enters Middle Age
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...
Source: wilsoncenter.org