Climate change

COP21 session - Equity impacts of carbon pricing and subsidy removal

8 Dec. 2015
17:15 - 18:45
Paris-Le Bourget
Side event

  • Location: Conference Centre - Blue Zone - Delegations Area - Hall 3 - Pavilion 7

Carbon pricing and fossil fuel subsidy removal are very effective policies to reduce carbon emissions. They are, in the view of the OECD, an indispensable core element of effective climate policy.

At the same time, the claim that higher energy prices would hit poor or lower income households particularly hard often leads to strong opposition when governments aim to introduce or increase carbon pricing and remove fossil fuel subsidies.

Starting from the evidence on the direct impacts of higher energy prices and lower energy subsidies, the panel identified best practices for overcoming any adverse equity impacts.

Key speakers

  • David Bradbury, Head of Division, Centre for Tax Policy and Administration, OECD
  • Thomas Becker, Head, Social Policies, Caritas, Germany
  • Lucas Chancel, Co-ordinator of the World Inequality Report, Paris School of Economics
  • Ronald Steenblik, Senior Trade Policy Analyst, Trade and Agriculture Directorate, OECD
  • Eduardo Camero Godinez, Head, Non-Tax Revenue Policy, Mexican Ministry of Finance
  • Rajasree Ray, Additional Economic Advisor, Indian Ministry of Finance
  • Thomas Sterner, Professor, University of Gothenburg and Collège de France



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