Vogt - Schilb, Adrien and Meunier, Guy and Hallegatte, Stéphane (2017): When starting with the most expensive option makes sense: optimal timing, cost and sectoral
allocation of abatement investment.
Not exact matches
The favoured models
of CO2
abatement schemes are exactly consonant with a market based apporach to
allocation of public goods, in which the public interest and the managemement
of the interest humans have in the commons — here the biosphere — is undertaken by government and the market is left to determine how to deliver these goods most efficiently and effectively.
We need new policies, regulatory frameworks, and institutions focused on four areas: creating market - based incentives to innovate and raise carbon productivity; addressing market failures that prevent
abatement opportunities from being captured profitably; resolving issues
of allocation and fairness, in particular between the developed and developing worlds and between industry sectors; and accelerating progress to avoid missing critical emissions targets.