Addressing, attacking and correcting for complex and multiple market failures requires pointing to different policy instruments / interventions. Together can they make a sizeable difference to consumer and business behaviour and lead us away from a “business as usual" approach?
Cutting Greenhouse Gases
Carbon taxes: Video resources on carbon taxes
Cap and trade - emissions trading - The collapsing price of carbon (blog)
Emissions regulations: Sales of low emissions cars soar in the UK (April 2012)
Floors on carbon prices: UK to introduce a carbon price floor (HM Treasury)
Green Investment Bank: UK green investment bank to be set up
Research, development and deployment (RDD)
Tax breaks for research:
Feed-in-tariffs for renewables (a deployment incentive): UK government cuts the solar subsidy (Nov 2011)
Corporate commitments - businesses with clear commitments to improving sustainabiity
Information gaps / asymmetries
Labelling information on cars, household products: Carbon Labelling
Smart electricity grids: Smart electricity meters
Low-emissions mass transport services: Air pollution costs lives
Widespread adoption of broadband technologies
Community insulation schemes - energy bills explained
Fuel efficiency standards
End of product life disposal laws
Recycling targets - what should be done about plastic bags?
Community and stronger institutions
Preventing deforestation - “Winning the war on deforestation"
Low-carbon community projects / experiments
Prezi on environmental economics can be found here
Financial Times, May 2013
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