CLIMATE

Brigitte Knopf on distributional effects through carbon-pricing

The Green Deal aims at effectively pricing carbon throughout the EU-economy. We asked Brigitte Knopf (MCC) how this could be done and what she believes the price-levels should look like.

BY

MARC ADAM

PUBLISHED

21. FEBRUARY 2020

READING TIME

1 MIN.
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KNOWLEDGE BASE

During the high point of market orthodoxy, economists argued that the most 'efficient' way to combat climate change was to simply let markets determine the price of carbon emissions. Today, there is a growing consensus that prices need to be regulated and that a carbon price on its own might not be enough.

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