Jaakkola, Niko; Ploeg, Frederick van der; Venables, Anthony - In: econPol Forum : a bi-monthly journal on European … 24 (2023) 6, pp. 32-36
Carbon pricing is a central part of climate policy, but is politically difficult while the economy is still reliant on fossil fuels. The long-lived green investments required to break the carbon lock-in depend on expected taxes, not current taxes. Policies which target the expectations of the...