The Portfolio of Economic Policies Needed to Fight Climate Change

doi:10.1146/annurev-economics-051520-015113

Olivier Blanchard, Christian Gollier, Jean Tirole

The Portfolio of Economic Policies Needed to Fight Climate Change

Economics and Econometrics

Climate change poses an existential threat. Theoretical and empirical research suggest that carbon pricing and green R&D support are the right tools, but their implementation can be improved. Other policies, such as standards, bans, and targeted subsidies, also all have a role to play, but they have often been incoherent, and their implementation is delicate.

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The Portfolio of Economic Policies Needed to Fight Climate Change

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The Portfolio of Economic Policies Needed to Fight Climate Change