Engström, G., Gars, J., Krishnamurthy, C. et al. Carbon pricing and planetary boundaries. Nat Commun
Objective:
- Assess the environmental consequences of a global carbon pricing policy in a multi-boundary world
Case:
- Global
Methodology:
- IAM
Data Source
- GTAP
Findings:
- A higher global carbon price may be sufficient to single-handedly reduce almost all planetary pressures
- A complementary policy of scaling back biofuel subsidies as the carbon price is increased would help avoid negative impacts
