How Climate Policies That Incentivize And Penalize Can Drive The Clean Energy Transition

A new study from a team of researchers that includes faculty from the University of California San Diego and Princeton University shows how a mix of subsidies for clean energy and taxes on pollution can significantly reduce greenhouse gas emissions that cause climate change.

While these kinds of policy mixes are widely used in the real world, the the study, published in Nature Climate Change is the first to show how the combination of such policies can be simulated in economic models...