Carbon pricing aims to correct market failures where the real cost of greenhouse gas emissions to society is not reflected in market prices, thereby incentivizing producers to switch to lower-emission technologies and consumers to switch to less carbon-intensive goods.

Authors

• Person: Not available Organization: EconFIP
  Carbon Pricing for Inclusive Prosperity: The Role of Public Support

Sources

• Carbon Pricing for Inclusive Prosperity: The Role of Public Support econfip.org EconFIP via serper

Referenced by nodes (2)

• carbon pricing concept
• greenhouse gas emissions concept