There is now a large body of real world experience to guide the development of environmental policies such as carbon pricing regimes, with an increasing number of studies showing how to design policies so that they support both environmental outcomes, economic realities and incent clean innovation in the process. The technical paper outlines a carbon pricing regime that, on balance, meets the three criteria of stringency, flexibility and predictability (though additional predictability is desirable). However, it also raises a number of questions that Smart Prosperity Institute would suggest be given consideration.
