BARKER, TERRY; SCRIECIU, S. SERBAN; FOXON, TIM - In: Climate Policy 8 (2008) sup1, pp. 30-30
This article assesses the feasibility of a 50% reduction in CO<sub>2</sub> emissions by 2050 using a large-scale Post Keynesian simulation model of the global energy-environment-economy system. The main policy to achieve the target is a carbon price rising to $100/tCO<sub>2</sub> by 2050, attained through auctioned...