Carbon pricing, in the form of a tax or cap-and-trade system, is a policy mechanism favored by economists to curb CO2 emissions and drive innovation towards clean technology. Despite its popularity among scholars, a national carbon price faces many political challenges. As the Biden Administration crafts its climate and infrastructure package, carbon pricing will need to be a critical piece of the puzzle. In the panel event, join four leading experts to learn about the principles, tradeoffs, and practical obstacles of setting a price on carbon and mitigating the damages of climate change.
The Woods Institute is now part of the Stanford Doerr School of Sustainability