New research sheds light on the effectiveness and value of carbon-pricing incentive programs.
In a new paper, based on analysis of a 2015 pilot program on the Yale University campus, researchers examine internal carbon-pricing strategies, including different models of implementation.
Further, they illustrate how the Yale project, which has since expanded into a campus-wide initiative, has provided empirical evidence of the effectiveness of these price signals.
More than 600 major companies—from BP to Microsoft—have adopted carbon-pricing programs to spur energy conservation and control their carbon emissions. But researchers have previously not analyzed or publicly reported the effectiveness of these efforts.