Scientific publication July 2018

Carbon prices across countries

Nature Climate Change

pollution carbon

"With country-specific development objectives and constraints, multiple market failures and limited international transfers, carbon prices do not need to be uniform across countries, but must be part of broader policy packages."

See the article on the Nature Climate Change's website (limited access/Subscribers or payment required)

See IDDRI's press release on this topic

DOI_logo.svg_0.png 10.1038/s41558-018-0239-1

 

Affiliations

Institute for Sustainable Development and International Relations, Paris, France
Chris Bataille & Henri Waisman

School of Resource and Environmental Management, Faculty of the Environment, Simon Fraser University, Burnaby, British Columbia, Canada
Chris Bataille

Centre International de Recherche sur l’Environnement et le Développement (CIRED), Ecole des Ponts ParisTech, Nogent-sur-Marne, France
Céline Guivarch

Climate Change Group, World Bank, Washington, DC, USA
Stephane Hallegatte

Grantham Institute, Imperial College London, London, UK
Joeri Rogelj

Energy Program, International Institute for Applied Systems Analysis (IIASA), Laxenburg, Austria
Joeri Rogelj

Institute for Atmospheric and Climate Science, ETH Zurich, Zurich, Switzerland
Joeri Rogelj

Environmental Change Institute, School of Geography and the Environment, University of Oxford, Oxford, UK
Joeri Rogelj

 

References

  1. Report of the High-Level Commission on Carbon Prices (Carbon Pricing Leadership Coalition, 2017).

  2. Chichilnisky, G. & Heal, G. Environmental Markets: Equity and Efficiency (Columbia Univ. Press, 2000).

  3. Sheeran, K. A. Environ. Resour. Econ. 35, 89–98 (2006).
  4. Bataille, C., Rivers, N., Mau, P., Joseph, C. & Tu, J.-J. Energy J. 28, 145–169 (2007).
  5. Waisman, H., Guivarch, C., Grazi, F. & Hourcade, J. C. Climatic Change 114, 101–120 (2012).
  6. Hallegatte, S. et al. Shock Waves: Managing the Impacts of Climate Change on Poverty (World Bank, Washington DC, 2015).
  7. Acemoglu, D., Aghion, P., Bursztyn, L. & Hemous, D. Am. Econ. Rev.102, 131–166 (2011).
  8. Fay, M. et al. Decarbonizing Development: Three Steps to a Zero-Carbon Future (World Bank, 2015).
  9. Stern, N. Why are we Waiting? The Logic, Urgency, and Promise of Tackling Climate Change (MIT Press, Cambridge, MA, 2015).
  10. Hallegatte, S., Fay, M. & Vogt-Schilb, A. Green Industrial Policies—When and How (World Bank, 2013).
  11. Avner, P., Rentschler, J. & Hallegatte, S. Carbon Price Efficiency: Lock-in and Path Dependence in Urban Forms and Transport Infrastructure Policy Research Working Paper No. 6941 (World Bank, 2014).
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  14. World Development Report 2002 (World Bank, 2001); https://doi.org/10.1596/0-1952-1606–7
  15. Bataille, C., Sawyer, D. & Melton, N. Pathways to Deep Decarbonization in Canada (Deep Decarbonization Pathways Project, 2015).
  16. Burtraw, D., Munnings, C., Palmer, K. & Woerman, M. Linking Carbon Markets with Different Initial Conditions (Resources for the Future, 2017).
  17. Leach, A., Adams, A., Cairns, S., Coady, L. & Lambert, G. Alberta Climate Leadership Plan: Report to Minister (Alberta Provincial Government, 2015).
  18. Federal Carbon Pricing Backstop (Environment and Climate Change Canada, 2017).
  19. Shukla, P. R., Dhar, S., Pathak, M., Mahadevia, D. & Garg, A. Pathways to Deep Decarbonization in India (SDSN & IDDRI, 2015).
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  21. Riahi, K. et al. Glob. Environ. Change 42, 153–168 (2017).
  22. Rogelj, J. et al. Environ. Res. Lett. 10, 105007 (2015).
  23. Pye, S., Li, F. G. N., Price, J. & Fais, B. Nat. Energy 2, 17024 (2017).
  24. Bataille, C. et al. Clim. Policy 16, S7–S26 (2016).

 

Authors

Céline Guivarch

Chercheure -

Stéphane Hallegatte

Senior Climate Change Adviser, the World Bank

Joeri Rogelj

Grantham Institute, Imperial College London, London, UK