Good Fiscal Policy: Governments Using Carbon Pricing to Drive Low-Carbon Investment

Photo credit: JD Hancock / Foter / CC BY

As nations navigate the best path to achieve long-term decarbonization while also maintaining strong economic growth, it will be critical to get the prices right. Removing fossil fuel subsidies and putting in place a long-term, meaningful price on carbon are two key ways to help direct private investment toward low-carbon options.