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Rapid carbon pricing can create macro-financial instability
Integrated modeling shows rapid decarbonization via carbon pricing creates macro-financial risks, treatable through coordinated climate and economic stabilization policies.
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China’s electricity and carbon prices show partial coupling
Study quantifies China's carbon-to-electricity price transmission at 76.5%, identifies barriers to market coupling, and proposes institutional reforms for achieving clean energy targets.
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Non-permanent carbon removal can lower mitigation costs
Welfare analysis of permanent versus non-permanent carbon dioxide removal: non-permanent CDR lowers near-term mitigation costs but does not reduce long-run temperatures; policy requires.
