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What carbon pricing can look like

New study on building support for climate policies

(Photoy by Alexander Tsang on Unsplash)
(Photoy by Alexander Tsang on Unsplash)

August 2019 - While more and more countries use carbon pricing as a means to cost-efficient climate mitigation, the instrument often faces contestation and public resistance. Against this background, a new BMU-commissioned study investigates key aspects in policy design and carbon pricing communication that can help building support for the policy and contribute to its longevity.

In six case studies of carbon pricing initiatives from four continents, the study examines how policy design – including scope of coverage, price level and trajectory, and revenue usage – as well as communication interplayed with other factors and contributed to the success or failure of different carbon pricing policies.