Carrots or sticks: How should governments make carbon reductions economical?
3 Dec
10:30-11:15 GST
Over the past several years, a number of models for energy transition policy have emerged, driven by governments across the globe. The United States has implemented landmark legislation which relies primarily on economic incentives. Other governments have implemented a suite of regulations, aiming to sway their market to adopt zero-emissions technologies. What is the appropriate balance of economic incentives and regulation? What are example policies that other governments should look towards or seek to adopt? Is policy what will move the needle in the present moment, and if not, what would more aptly move the decarbonization needle?