Carbon Conundrum: How to Save Climate Change Policy from Government Failure by Booth, Philip

Carbon Conundrum: How to Save Climate Change Policy from Government Failure

Politicians around the world have signed up to achieving carbon net zero by 2050. And several countries,...
¥6,019 JPY
¥6,019 JPY
SKU: 9780255368124
Product Type: Books
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Author: Philip Booth
Format: Paperback
Language: English
Subtotal: ¥6,019
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Carbon Conundrum: How to Save Climate Change Policy from Government Failure by Booth, Philip

Carbon Conundrum: How to Save Climate Change Policy from Government Failure

¥6,019

Carbon Conundrum: How to Save Climate Change Policy from Government Failure

¥6,019
Author: Philip Booth
Format: Paperback
Language: English
Politicians around the world have signed up to achieving carbon net zero by 2050. And several countries, including the UK and those in the EU, have struck a 'new green deal'. This puts environmental taxes and subsidies at the heart of energy policy. But it's created an immensely complex and costly merry-go-round in which even fossil fuels end up being subsidised. This chaotic system, say authors Philip Booth and Carlo Stagnaro, is wide open to regulatory capture - and to an ideologically motivated agenda. It is also less resilient to crises in energy supply, such as the one caused by Russia's invasion of Ukraine in early 2022. In Carbon Conundrum they illustrate the incoherence, iniquities and inefficiency of this large-scale government intervention. And they warn that 'climate change is too important a challenge to be approached in this way'. Instead, they argue for a rational 'polluter pays' system of taxing energy sources. This, they contend, would give individuals and businesses much more control over how they reduce carbon emissions. And it would stimulate greater levels of carbon reduction - at a much lower economic cost.

Author: Philip Booth, Carlo Stagnaro
Publisher: Institute of Economic Affairs
Published: 08/15/2022
Pages: 136
Binding Type: Paperback
Weight: 0.35lbs
ISBN: 9780255368124

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