Carbon pricing under binding political constraints
Tuesday, May 24, 2016 - 08:20
in Mathematics & Economics
In a new working paper titled "Carbon pricing under binding political constraints," MIT Institute for Data, Systems and Society doctoral candidate Jesse Jenkins and Sloan School of Management Assistant Professor Valerie Karplus discuss the political obstacles facing efforts to price carbon emissions—either via a carbon tax or emissions cap and permit trading system—and outline a set of starting points that are both politically palatable and steps toward effective policies to curb climate change.