In Washington, ITIF’s Center for Clean Energy Innovation (CCEI) has published an op-ed on carbon pricing. The piece, written by Matthew Stepp and Megan Nicholson, argues that putting a price on carbon to combat climate change is not a viable solution by itself because no one wants to pay higher costs for energy. Instead governments should enhance funding for R&D and demonstration projects—such as through international targets for clean energy development—that lower clean energy costs.
Category: Policy