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How to beat the climate crisis? Start with carrots
http://news.berkeley.edu/2015/09/10/clean-energy-coalitions-climate-policy/[font face=Serif][font size=5]How to beat the climate crisis? Start with carrots[/font]
By Sarah Yang | September 10, 2015
[font size=4]To speed up progress in tackling climate change, policymakers need to build political support by investing in clean-energy industries rather than first penalizing polluters, according to a new policy paper by UC Berkeley researchers.[/font]
[font size=3]In the paper, published today in the journal Science, a multidisciplinary team of environmental, political and legal experts finds that instead of emphasizing cap-and-trade schemes and penalties on greenhouse gas emissions — strategies considered to be most efficient by many economists — policymakers should begin by providing benefits through green industrial policies, such as subsidies and tax rebates.
…
The authors noted that while green industrial policy may appear less efficient economically, supporting clean energy builds political support down the line for carbon regulation, such as carbon prices, that imposes costs on polluting industries. In essence, carrots buy sticks.
“Basically, if you can build political support and speed up the process overall by using less efficient but more powerful tools up front, you may still lower the total costs in the long run,” said co-author Nina Kelsey, a postdoctoral scholar at the Berkeley Roundtable on the International Economy (BRIE).
…[/font][/font]
By Sarah Yang | September 10, 2015
[font size=4]To speed up progress in tackling climate change, policymakers need to build political support by investing in clean-energy industries rather than first penalizing polluters, according to a new policy paper by UC Berkeley researchers.[/font]
[font size=3]In the paper, published today in the journal Science, a multidisciplinary team of environmental, political and legal experts finds that instead of emphasizing cap-and-trade schemes and penalties on greenhouse gas emissions — strategies considered to be most efficient by many economists — policymakers should begin by providing benefits through green industrial policies, such as subsidies and tax rebates.
…
The authors noted that while green industrial policy may appear less efficient economically, supporting clean energy builds political support down the line for carbon regulation, such as carbon prices, that imposes costs on polluting industries. In essence, carrots buy sticks.
“Basically, if you can build political support and speed up the process overall by using less efficient but more powerful tools up front, you may still lower the total costs in the long run,” said co-author Nina Kelsey, a postdoctoral scholar at the Berkeley Roundtable on the International Economy (BRIE).
…[/font][/font]
