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Expert views on carbon pricing in the developing world

Bibliographic Data

ID15544760
AuthorsMelvin Lerner (0000-0002-2402-0300, London School of Economics and Political Science, corresponding author), Federica Genovese (0000-0002-7107-2744, University of Oxford), Alexander Gard‐Murray (0000-0002-6080-8517, Passive House Institute), Kurt Biedenkopf (0000-0002-2892-3451, Adelphi Research), Katja Biedenkopf, Danae Kyriakopoulou (London School of Economics and Political Science), Andrés Olarte-Peña (Adelphi Research), Samuel J Okullo (0009-0008-3550-9962, World Bank), Marcos Castro (World Bank), Harikumar Gadde (World Bank)
Year2024
Volume20
Issue1
Pages014050-014050
Publication date2024-12-16
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEnvironmental Research Letters (JOURNAL)
Journal identifiersISSN: 1748-9326 • E-ISSN: 1748-9326
PublisherIOP Publishing (PUBLISHER • GB)
DOI10.1088/1748-9326/ad9f84
OpenAlexW4405438356
LanguageEN
References cited32

Dozens of governments across the developing world have adopted or are actively considering a variety of carbon pricing policies, but why policymakers prefer some policy designs over others remains uncertain. We argue that expert assessments of carbon pricing primarily center on economic efficiency and distributional concerns, which in turn influence perceptions of technical efficacy and political feasibility. Leveraging a unique conjoint experiment with carbon pricing experts in developing countries, we examine how aspects of policy design influence effectiveness and feasibility, as well as how experts weigh these factors against each other. Design choices that alter the costs and benefits of carbon pricing affect perceptions of the policy’s effectiveness and feasibility, often in opposing directions. Experts are split over which goal is more important overall, preferring political feasibility when distributing costs but weighing effectiveness and feasibility similarly when distributing benefits. Our findings highlight the challenge of balancing the ambition and political risk of pricing carbon in a developing country context

Developing country · Economic growth · Economics · Climate Change Policy and Economics · Energy, Environment, and Transportation Policies

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