IMF paper emphasises importance of carbon pricing

The IMF's second HQ building
Photo: Henrik Gschwindt de Gyor/IMF

Research published by the International Monetary Fund explores how policies can make the economy greener and avoid further exacerbating climate disasters.

The working paper, Modeling the US Climate Agenda: Macro-Climate Trade-offs and Considerations, focuses heavily on the energy sector, the transformative power of carbon taxes and how the labour market will have to deliver the necessary skills for a world run on green energy.

Authors Philip Barrett, Katharina Bergant, Jean Chateau and Rui

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