FARECarbon
Project name: | FARECarbon - Fair and effective carbon pricing for Austria: insights from model comparison |
Project leader: | Gabriel Bachner (project leader for the Wegener Center's part) |
Project team: | Jakob Mayer, Laura Wallenko |
Partners: | Joanneum Research (project leader) Austrian Institute of Economic Research BOKU |
Sponsor: | Austrian Climate Research Program (12th Call) |
Duration: | November 2020 - October 2022 |
Abstract:
To solve the climate crisis, a fundamental decarbonisation of our economy is indispensable. In addition to technological changes, this requires accompanying climate policy measures, most importantly the taxation of carbon emissions. As this instrument leads to manifold indirect effects and uncertainties, FARECarbon employs a stakeholder-assisted multi model comparison of carbon taxation in Austria. It aims to (i) reduce model uncertainties and to synthesize the debate on carbon taxes, and (ii) to develop a concerted proposal on how to implement carbon taxes in Austria.