Recent Publications
Recent Publications
Recent Publications
Recent Publications
Recent Publications
Recent Publications
Recent Publications
Published in Oxford Review of Economic Policy, 19(3), 349-361. The paper provides a guide to climate-change policy, and, in particular, the three core components: targets, instruments, and institutional structures. First, the optimal path for reducing carbon-dioxide (CO2) emissions,
and the role of the social cost of carbon in the estimation and revision of the path are set out. Second, the policy instruments, or combination of instruments, taxes, permits, and command-and-control, which are likely to be most efficient within the political constraints are reviewed. Finally, the design of institutional structures most conducive to the facilitation of international agreements (such as the Kyoto Protocol) and the establishment of credible global climate-change policies is discussed. The paper identifies the considerable inefficiencies in existing policies, and the scope for policy improvements.
Latest from Twitter
about 6 days ago
UK energy policy revamp better than windfall tax – expert | Montel - https://t.co/qmhMA9hoFD #GoogleAlerts
© Dieter Helm. All rights reserved.Copyright & Terms
Recent Publications
The longer-term consequences of the energy crisis require a permanent cost solution to be ...
Keynote speech at the Policy Exchange
With energy bills set to increase from 1st April, and just 13 years for the electricity se...