Advanced

Economic incentives – useful, but not sufficient for meaningful mitigation efforts

Mundaca, Luis LU (2014) In Klimat i Fokus (Climate in focus)
Abstract
As people and countries around the world wrestle with options to reduce greenhouse gas (GHG) emissions, mitigation efforts must accelerate faster than ever if we want to stabilize the concentration of GHG emissions at 450 ppm CO2-eq. Economic incentives for achieving this stabilisation target have received much attention. However, the effectiveness and efficiency of such measures depends on numerous determinants, including how relevant institutional frameworks can influence the economic behaviour of market agents and people in general, whose decisions and transactions are often based on imperfect information.
Please use this url to cite or link to this publication:
author
organization
publishing date
type
Contribution to specialist publication or newspaper
publication status
published
subject
keywords
Economic instruments, market-based incentives, transaction costs, climate change mitigation, behavioral failures, imperfect information
categories
Popular Science
in
Klimat i Fokus (Climate in focus)
language
English
LU publication?
yes
id
88550117-7361-4d79-a431-2f7d81b9abbb (old id 4446749)
date added to LUP
2014-05-21 11:07:19
date last changed
2016-04-16 12:50:25
@article{88550117-7361-4d79-a431-2f7d81b9abbb,
  abstract     = {As people and countries around the world wrestle with options to reduce greenhouse gas (GHG) emissions, mitigation efforts must accelerate faster than ever if we want to stabilize the concentration of GHG emissions at 450 ppm CO2-eq. Economic incentives for achieving this stabilisation target have received much attention. However, the effectiveness and efficiency of such measures depends on numerous determinants, including how relevant institutional frameworks can influence the economic behaviour of market agents and people in general, whose decisions and transactions are often based on imperfect information.},
  author       = {Mundaca, Luis},
  keyword      = {Economic instruments,market-based incentives,transaction costs,climate change mitigation,behavioral failures,imperfect information},
  language     = {eng},
  month        = {05},
  series       = {Klimat i Fokus (Climate in focus)},
  title        = {Economic incentives – useful, but not sufficient for meaningful mitigation efforts},
  year         = {2014},
}