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DOI10.1080/14693062.2021.1907276
Designing an effective climate-policy mix: accounting for instrument synergy
van den Bergh J.; Castro J.; Drews S.; Exadaktylos F.; Foramitti J.; Klein F.; Konc T.; Savin I.
发表日期2021
ISSN1469-3062
起始页码373
结束页码386
英文摘要We assess evidence from theoretical-modelling, empirical and experimental studies on how interactions between instruments of climate policy affect overall emissions reduction. Such interactions take the form of negative, zero or positive synergistic effects. The considered instruments comprise performance and technical standards, carbon pricing, adoption subsidies, innovation support, and information provision. Based on the findings, we formulate climate-policy packages that avoid negative and employ positive synergies, and compare their strengths and weaknesses on other criteria. We note that the international context of climate policy has been neglected in assessments of policy mixes, and argue that transparency and harmonization of national policies may be key to a politically feasible path to meet global emission targets. This suggests limiting the complexity of climate-policy packages. Key policy insights Combining technical standards or targets, such as renewable-energy quota, or adoption subsidies with a carbon market can produce negative synergy, up to the point of adding no emissions reduction beyond the cap. For maximum emissions reduction, renewable energy policy should be combined with carbon taxation and target expensive reduction options not triggered by the tax. Evidence regarding synergy of information provision with pricing is mixed, indicating a tendency for complementary roles (zero synergy). Positive synergy is documented only for cases where information provision improves effectiveness of price instruments, e.g. by stimulating social imitation of low-carbon choices. We conclude that the most promising packages are combining innovation support and information provision with either a carbon tax and adoption subsidy, or with a carbon market. We further argue that the latter could have stronger potential to harmonize international policy, which would allow to strengthen mitigation policy over time. © 2021 Informa UK Limited, trading as Taylor & Francis Group.
英文关键词adoption and innovation subsidies; carbon pricing; information provision; Instrument interaction; mitigation policy packages; technical standards
来源期刊CLIMATE POLICY
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/183645
作者单位Institute of Environmental Science and Technology, Universitat Autònoma de Barcelona, Bellaterra, Spain; ICREA, Barcelona, Spain; School of Business and Economics, VU University Amsterdam, Amsterdam, Netherlands; Institute for Environmental Studies, VU University Amsterdam, Amsterdam, Netherlands; Graduate School of Economics and Management, Ural Federal University, Yekaterinburg, Russian Federation
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GB/T 7714
van den Bergh J.,Castro J.,Drews S.,et al. Designing an effective climate-policy mix: accounting for instrument synergy[J],2021.
APA van den Bergh J..,Castro J..,Drews S..,Exadaktylos F..,Foramitti J..,...&Savin I..(2021).Designing an effective climate-policy mix: accounting for instrument synergy.CLIMATE POLICY.
MLA van den Bergh J.,et al."Designing an effective climate-policy mix: accounting for instrument synergy".CLIMATE POLICY (2021).
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