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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.

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Document Type:Report
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
Divisions:Energie-, Verkehrs- und Klimapolitik
Dewey Decimal Classification:320 Politik
Licence:License LogoIn Copyright - Urheberrechtlich geschützt