Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 10th Sept 2026, 07:05:06pm CEST (Norway)
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Daily Overview |
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Climate mitigation and adaptation Location: Auditorium Q Session Chair: Garima Jasuja, CMCC@Ca'Foscari Univerity of Unive | |
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Carbon Pricing vs. Green Subsidies: A Carbon-Saving Fiscal Multiplier Approach European Commission, Belgium Governments globally face the challenge of balancing policy measures to address social tensions while managing the fiscal costs of climate policies. This paper employs a comprehensive multi-sector E-DSGE model to assess the effectiveness of common fiscal measures. We rank these measures based on their carbon-saving potential by using the concept of carbon-saving fiscal multiplier. Our paper makes three key points: first, carbon pricing generally outperforms green subsidies in reducing emissions; second, among green subsidies, capital subsidies show the most promise but require time to yield benefits; and third, a combination of carbon pricing and green subsidies provides a welfare-enhancing cushion against the economic trade-offs of climate policy. | |