Peer-Reviewed Journal Details
Mandatory Fields
Mintz-Woo, K
2022
January
Philosophy Compass
Carbon Pricing Ethics
Published
()
Optional Fields
cap and trade carbon pricing carbon taxes climate change climate ethics climate justice emissions trading schemes revenue recycling
17
1
article
e12803
The three main types of policies for addressing climate change are command and control regulation, carbon taxes (or price instruments), and cap and trade (or quantity instruments). The first question in the ethics of carbon pricing is whether the latter two (price and quantity instruments) are preferable to command and control regulation. The second question is, if so, how should we evaluate the relative merits of price and quantity instruments. I canvass relevant arguments to explain different ways of addressing these important policy questions, suggesting that carbon pricing is preferable to command and control regulation, and that price instruments have the theoretical edge over quantity instruments. [Open access]
1747-9991
https://onlinelibrary.wiley.com/doi/10.1111/phc3.12803
10.1111/phc3.12803
Grant Details