Green Premiums Are a Challenge and an Opportunity for Climate Policy Design: Comment

Referierte Aufsätze Web of Science

Till Köveker, Olga Chiappinelli, Mats Kröger, Oliver Lösch, Karsten Neuhoff, Jörn C. Richstein, Xi Sun

In: Nature Climate Change 13 (2023), S. 592-595

Abstract

Adjusting green public support programmes to green premiums can reduce public spending, yet this is challenged by uncertainty. Underfunding green technologies can delay the green transition, and overfunding them can increase transition costs. Both risks of under- and overfunding can be reduced using responsive adjustments.

Till Köveker

Ph.D. Student in the Climate Policy Department

Xi Sun

Research Associate in the Climate Policy Department

Mats Kröger

Research Associate in the Climate Policy Department

Jörn C. Richstein

Senior Research Associate / Thematic Lead Electricity Markets in the Climate Policy Department

Karsten Neuhoff

Head of Department in the Climate Policy Department

Topics: Environmental markets, Resource markets, Public finances

Keywords: Climate-change mitigation, climate-change policy, environmental economics
DOI:
https://doi.org/10.1038/s41558-023-01689-2