Summing up the parts

Summing up the parts
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Edition: 2011
70 pages

Meeting the enormous challenge of decarbonising world energy systems will require a rapid expansion of investment in clean technologies on a global scale. Mobilising these resources will be a daunting task, and it is important to undertake the transition at the lowest cost possible.

This paper seeks to provide some guidance on climate change policy-making within real-world constraints, focusing on the justification of policies to supplement a carbon price, interactions between carbon pricing and supplementary policies, and management of these interactions to enable a least-cost policy response.