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The Promise and Problems of Pricing Carbon: Theory and Experience

In: Economics of Environment, Climate Change, and Wine Selected Papers of Robert N Stavins Volume 3 (2011–2023)

Author

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  • Joseph E. Aldy
  • Robert N. Stavins

Abstract

The following sections are included:IntroductionClimate Change Policy Instruments for the Regional, National, or Subnational LevelRegional, National, and Subnational Experiences With Carbon PricingInternational Coordination of Carbon Pricing PoliciesThe Future of Carbon PricingReferences

Suggested Citation

  • Joseph E. Aldy & Robert N. Stavins, 2025. "The Promise and Problems of Pricing Carbon: Theory and Experience," World Scientific Book Chapters, in: Economics of Environment, Climate Change, and Wine Selected Papers of Robert N Stavins Volume 3 (2011–2023), chapter 6, pages 129-164, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789811292415_0006
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    2. Xinkuo Xu & Liyan Han, 2017. "Diverse Effects of Consumer Credit on Household Carbon Emissions at Quantiles: Evidence from Urban China," Sustainability, MDPI, vol. 9(9), pages 1-25, September.
    3. Stefan Niederhafner, 2014. "The Korean Energy and GHG Target Management System: An Alternative to Kyoto-Protocol Emissions Trading Systems?," TEMEP Discussion Papers 2014118, Seoul National University; Technology Management, Economics, and Policy Program (TEMEP), revised Sep 2014.
    4. Yoshifumi Konishi & Nori Tarui, 2013. "Intra-Industry Reallocations and Long-run Impacts of Environmental Regulations," Working Papers 201307, University of Hawaii at Manoa, Department of Economics.
    5. George A. Gonzalez, 2016. "Transforming Energy: Solving Climate Change with Technology Policy . New York : Cambridge University Press . 360 pages. ISBN 9781107614970, $29.99 paperback. Anthony Patt , 2015 ," Review of Policy Research, Policy Studies Organization, vol. 33(1), pages 111-113, January.
    6. Hong, Zhaofu & Chu, Chengbin & Zhang, Linda L. & Yu, Yugang, 2017. "Optimizing an emission trading scheme for local governments: A Stackelberg game model and hybrid algorithm," International Journal of Production Economics, Elsevier, vol. 193(C), pages 172-182.
    7. Liping Ding & Fan Zhang & Jing Shuai, 2018. "How Do Chinese Residents Expect of Government Subsidies on Solar Photovoltaic Power Generation?—A Case of Wuhan, China," Energies, MDPI, vol. 11(1), pages 1-11, January.
    8. Eun-Hee Kim & Thomas P. Lyon, 2015. "Greenwash vs. Brownwash: Exaggeration and Undue Modesty in Corporate Sustainability Disclosure," Organization Science, INFORMS, vol. 26(3), pages 705-723, June.
    9. Hassan Ali & Han Phoumin & Steven R. Weller & Beni Suryadi, 2021. "Cost–Benefit Analysis of HELE and Subcritical Coal-Fired Electricity Generation Technologies in Southeast Asia," Sustainability, MDPI, vol. 13(3), pages 1-16, February.
    10. Menta, Giorgia & Piccari, Michela & Verheyden, Bertrand, 2024. "How Malleable Are Pro-environmental Preferences? Evidence from a Randomized Survey Experiment," IZA Discussion Papers 17578, IZA Network @ LISER.

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    JEL classification:

    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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