Carley and Konisky (2021) provide a compelling argument around the importance of equity and social justice in climate policy. We agree that carbon pricing alone cannot achieve every social objective, but we do view carbon pricing as compatible with and even furthering equity objectives by...

This paper studies policy instruments that correct insufficient learning-by-doing (LbD) and research and development (R&D) of renewable electricity technologies and insufficient investments in energy efficiency (EE) in the presence of carbon pricing. The theoretical model analysis shows how to...