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Supporting carbon pricing when interest rates are higher [Comment]

Authors
/persons/resource/franziska.funke

Funke,  Franziska
Potsdam Institute for Climate Impact Research;

/persons/resource/Linus.Mattauch

Mattauch,  Linus
Potsdam Institute for Climate Impact Research;

Douenne,  T.
External Organizations;

Fabre,  A.
External Organizations;

Stiglitz,  J. E.
External Organizations;

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Citation

Funke, F., Mattauch, L., Douenne, T., Fabre, A., Stiglitz, J. E. (2024): Supporting carbon pricing when interest rates are higher [Comment]. - Nature Climate Change, 14, 665-667.
https://doi.org/10.1038/s41558-024-02040-z


Cite as: https://publications.pik-potsdam.de/pubman/item/item_30357
Abstract
To accept carbon pricing, citizens desire viable alternatives to fossil fuel-based options. As inflation and higher interest rates have exacerbated access barriers for capital-intensive green substitutes, the political success of carbon pricing will be measured by how well policy design enables consumers to switch.