Climate Policies Clash: Governments Struggle to Curb Emissions Effectively
To limit global warming, governments use different policies like carbon taxes, carbon markets, and supporting renewable energy. These policies aim to reduce carbon emissions but may not always work together perfectly. Carbon markets are very efficient, but sometimes they have issues that make other policies necessary. When these issues exist, it's important to carefully mix different policies to make sure they work well together. This means that governments need to think about how policies interact to achieve the best results in reducing carbon emissions.