A macroeconomic perspective on climate change mitigation: Meeting the financing challenge
Research article by Alex Bowen, Emanuele Campiglio on 18 Mar 2014
Building on simulations using Integrated Assessment Models and historical evidence, this paper explores some of the issues posed by this dual financing challenge. We discuss the “fiscal self-reliance” of the energy sector, finding that carbon pricing would generate sufficient fiscal revenues within each region to finance total investment in energy supply. read more »