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Energy transition: Carbon pricing more effective than subsidizing renewables

10/02/2021

Klaus Gugler (Institute for Quantitative Economics) and other international researchers via Journal of Environmental Economics and Management

Klaus Gugler from WU and researchers from FAU Erlangen-Nürnberg, and UAS Grisons have crunched the numbers to find out which strategies are most efficient at reducing CO2 emissions. According to their study, much greater reductions in CO2 emissions can be achieved by increasing the prices of carbon certificates than by subsidizing wind and solar power.

Links:

Study in: Journal of Environmental Economics and Management
Article in: responsesource

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