Carbon pricing is considered a key policy instrument to steer developing economies towards a lower carbon transition, but implementation can be politically arduous, slowing adoption in many locations, delegates to Climate Policy Lab’s Climate Policy Summer Academy suggest.
Read MoreInternal combustion engine (ICE) car bans are in the news, raising questions about their effectiveness as a policy tool. For automotive original equipment manufacturers (OEMs), ICE bans are a strong policy signal that car companies must take action. While policies that promote alternative fuels like biofuels, electricity, and hydrogen can create a competitive market for low carbon fuels, ICE bans are technology-forcing, which theoretically can provide a more decisive market signal.
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