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Background: presidents & prime ministers often make big climate pledges. Yet they often accomplish little. We wanted to find out what kinds of leaders had the most success – not only adopting energy reforms but making them stick.
https://twitter.com/lydiadepillis/status/1562808283324227586Carbon pricing might be "optimal" in an imaginary first-best world. But lots of recent evidence they don't make good public policy.
1. It takes on the most important question on the planet: why have governments done so little to reduce carbon emissions? 2/9
By the way: here's an ungated copy. papers.ssrn.com/sol3/papers.cf…