concept

carbon pricing policy design

Also known as: carbon pricing policy design, carbon pricing design, carbon pricing designs

Facts (11)

Sources

How governments address climate change through carbon pricing ... nature.com Nature Apr 15, 2025 8 facts

claimHypothesis 2 (H2) states: The more salient environmental-related issues are in manifestos of governing parties, the more intensive the carbon pricing design.

claimGoverning parties with more salient productionist-related issues in their manifestos implement less intensive carbon pricing designs.

accountThe author analyzes 21 democratic OECD countries that have implemented national carbon pricing policies to study the intensity of carbon pricing design.

measurementThe average time lag between a change in government position and the adaptation of carbon pricing design is 2.3 years, with a standard deviation of 0.7 years.

claimHypothesis 1 (H1) states: The more pro-environmental the position of the government on a productionist-environmental dimension, the more intensive the carbon pricing design.

claimHypothesis 2 posits that the more salient environmental-related issues are in the manifestos of governing parties, the more intensive the carbon pricing design will be.

claimHypothesis 1 posits that the more pro-environmental the position of a government on a productionist-environmental dimension, the more intensive the carbon pricing design will be.

claimSteinebach et al. found that higher state expenditures, which serve as a proxy for a more left-wing government position, are associated with more intensive carbon pricing designs.

Designing Carbon Pricing Policies Across the Globe link.springer.com Springer 3 facts

perspectiveThe authors of 'Designing Carbon Pricing Policies Across the Globe' propose that exploring heterogeneities in instrument choice and revenue use can help tailor carbon pricing policy design to local contexts, potentially increasing the likelihood of implementation and success.

claimThe survey on carbon pricing design included questions on instrument choice, border carbon adjustment, revenue usage, and potential determinants of experts' recommendations such as global emission reduction targets or expected climate damages.

referenceDrupp et al. (2024) authored a companion paper that analyzes recommendations for carbon pricing policy design at an aggregated level alongside other covariates to explain the variation in recommended carbon price levels.