Stanford Energy Modeling Forum project confirms carbon pricing can be effective way to curb GHG emissions
Green Car Congress
APRIL 6, 2018
This study gathered together 11 modeling teams to run a common set of carbon tax scenarios, in order to explore how environmental and economic outcomes depend on the initial carbon tax rates, the rate at which the tax escalates, and how the government uses the revenue collected by the carbon tax. A key objective of this model inter-comparison project is to understand which insights are robust across models and scenarios and which are more sensitive.