Systematic review and meta-analysis of ex-post evaluations on the effectiveness of carbon pricing
University of Leeds · Mercator Research Institute on Global Commons and Climate Change · +10 more institutions
Abstract
Today, more than 70 carbon pricing schemes have been implemented around the globe, but their contributions to emissions reductions remains a subject of heated debate in science and policy. Here we assess the effectiveness of carbon pricing in reducing emissions using a rigorous, machine-learning assisted systematic review and meta-analysis. Based on 483 effect sizes extracted from 80 causal ex-post evaluations across 21 carbon pricing schemes, we find that introducing a carbon price has yielded immediate and substantial emission reductions for at least 17 of these policies, despite the low level of prices in most instances. Statistically significant emissions reductions range between -5% to -21% across the…
Citation impact
- FWCI
- 11.47
- Percentile
- 100%
- References
- 80
Authors
15- NDNiklas DöbbelingCorresponding
University of Leeds, Mercator Research Institute on Global Commons and Climate Change
- KMKlaas Miersch
Mercator Research Institute on Global Commons and Climate Change, Technische Universität Berlin
- TKTarun Khanna
University of British Columbia, Mercator Research Institute on Global Commons and Climate Change
- MBMarion Bachelet
Mercator Research Institute on Global Commons and Climate Change
- SBStephan B. Bruns
University of Kassel, Hasselt University, Stanford University
Topics & keywords
- Meta-analysis
- Computer science
- Medicine
- Internal medicine
- Climate action