Fighting global warming with carbon pricing: how it works, field experiments and elements for the Belgian economy

Article published in the Economic Review of December 2020

Economists believe that introducing carbon pricing is the best policy for effectively tackling global warming in a decentralised manner. However, its implementation is hampered by the concerns that it raises for household purchasing power and business competitiveness. Applied examples nevertheless show that such criticism is not justified if the proceeds from a carbon tax are wisely redistributed. 

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From 2019 onwards, the articles from the Economic Review are published in French and Dutch in the form of digests, their full version being available only in English.