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Enhancing the Cost-Effectiveness of Climate Change Mitigation Policies in Sweden

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  • Stéphanie Jamet
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    Abstract

    Sweden has developed an extensive and sound policy framework to limit greenhouse gas emissions. It is now one of the OECD countries with the lowest greenhouse gas emissions per capita and it has successfully managed to decouple GDP growth from emissions growth. However, as Sweden has already significantly lowered its greenhouse gas emissions, the cost of reducing them further could be very high, making it urgent to improve the cost-effectiveness of Sweden’s climate change policies. A strategy to enhance the cost-effectiveness of this policy framework would include: i) reducing differences in carbon prices between sectors and increasing even further the role of market-based instruments; ii) limiting overlap between targets and policies; iii) raising Sweden’s participation in greenhouse gas emission reductions abroad; and iv) improving the assessments of the policy framework. This Working Paper relates to the 2011 OECD Economic Survey of Sweden (www.oecd.org/eco/surveys/Sweden). Améliorer le rapport coût-efficacité des politiques d'atténuation du changement climatique en Suède La Suède s’est dotée d’un cadre d’action solide et très complet pour limiter ses émissions de gaz à effet de serre. Elle figure aujourd’hui parmi les pays de l’OCDE qui affichent les plus faibles taux d’émission de gaz à effet de serre par habitant et a réussi à découpler la croissance de son PIB de celle de ses émissions. Toutefois, sachant que les émissions de gaz à effet de serre ont déjà été sensiblement réduites, le coût de nouvelles réductions pourrait s’avérer très élevé, d’où la nécessité d’améliorer d’urgence le rapport coût-efficacité des politiques de la Suède en matière de changement climatique. La stratégie envisagée pour améliorer l’efficacité-coût du cadre d’action pourrait consister à : i) réduire les différentiels de prix du carbone entre dans les différents secteurs et faire jouer encore davantage les instruments de marché ; ii) limiter les chevauchements entre objectifs et mesures ; iii) accroître la participation de la Suède aux réductions des émissions de gaz à effet de serre à l’étranger ; et iv) améliorer les évaluations du cadre d’action. Ce document de travail se rapporte à l’Étude économique de la Suède 2011 (www.oecd.org/eco/etudes/Suede).

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    Bibliographic Info

    Paper provided by OECD Publishing in its series OECD Economics Department Working Papers with number 841.

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    Date of creation: 09 Feb 2011
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    Handle: RePEc:oec:ecoaaa:841-en

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    Keywords: Sweden; renewable energy; carbon tax; green certificates; climate change; greenhouse gas emissions; climate change mitigation policy; Suède; certificats verts; changement climatique; politiques d’atténuation du changement climatique; taxes carbone; émissions de gaz à effet de serre;

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