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University of Massachusetts Amherst

Carbon price

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Full-Text Articles in Social Justice

Environmental Justice And Carbon Pricing: Can They Be Reconciled?, James K. Boyce, Michael Ash, Brent Ranalli Jan 2023

Environmental Justice And Carbon Pricing: Can They Be Reconciled?, James K. Boyce, Michael Ash, Brent Ranalli

ETI Publications

Carbon pricing has been criticized by environmental justice advocates on the grounds that it fails to reduce emissions significantly, fails to reduce the disproportionate impacts of hazardous co-pollutants on people of color and low-income communities, hits low-income households harder than wealthier households, and commodifies nature. Designing carbon pricing policy to address these concerns can yield outcomes that are both more effective and more equitable.