A sectoral perspective on climate clubs
- Much of the current literature on climate clubs sees mitigation costs creating free rider incentives as the main problem of climate policy. Climate clubs are supposed to solve this problem by creating additional incentives for mitigation. Looking more in detail, one sees that the situation differs from sector to sector. Some industry sectors indeed have substantial cost and competitiveness issues. In others such as electricity and transport, there are costs at micro level but balance for economy and society as a whole is rather positive. International climate policy in general and clubs in particular should therefore be tailored to sectoral specifics.
Document Type: | Report |
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Author: | Wolfgang ObergasselORCiDGND, Hanna Wang-Helmreich, Lukas HermwilleORCiDGND |
URN (citable link): | https://nbn-resolving.org/urn:nbn:de:bsz:wup4-opus-75476 |
Publisher: | Wuppertal Institut für Klima, Umwelt, Energie |
Place of publication: | Wuppertal |
Year of Publication: | 2019 |
Number of page: | 36 |
Language: | English |
Divisions: | Energie-, Verkehrs- und Klimapolitik |
Dewey Decimal Classification: | 320 Politik |
Licence: | In Copyright - Urheberrechtlich geschützt |