Carbon pricing: Economists question lump-sum payouts to households

While many economists have long advocated introducing a ‘climate dividend’ to avoid social tensions caused by carbon pricing, a group around Nobel-prize winner Joseph Stiglitz questioned this approach in a paper released on Monday (17 June) in Nature Climate Change.

 
Author: European Council for an Energy Efficient Economy (Source: http://www.eceee.org/all-news/news/news-2024/carbon-pricing-economists-question-lump-sum-payouts-to-households/)