Table 2.
A categorization of climate and corona policies, our main conclusions and references to appendix sections
Corona policies | Climate policies |
---|---|
Stimulus spending | Stimulus spending |
Helicopter money, monetary stimulus and other redistribution (bad-to-good, unknown, A.3) | Small scale green infrastructure investment (good, good, A.4) |
Aiding industries (see Table 3 and Fig. 3 for a sector specific evaluation) | Large scale green infrastructure investment (neutral-to-good, good, A.4) Renewables R&D investment (neutral-to-good, good, A.5) |
Planting trees and maintaining national parks (very good, good, A.6) | |
Tax reform | Tax reform |
Reduced labor taxes (good, neutral, A.7) | Revenue-neutral carbon pricing (good, very good, A.8) |
Tighter emissions caps (good, very good, A.11) | |
Abolishing fossil fuel subsidies (good, very good, A.9) | |
Taxing meat consumption (good, good, A.10) | |
Cross cutting | Cross cutting |
Paying wages of private employees (very good, neutral-to-good, A.12) | Introducing or tightening renewable portfolio standards (neutral, good, A.14) |
Extending sick leave provisions (neutral-to-bad, neutral-to-bad, A.13) | Tightening air pollution regulations (good, good, A.15) |
Encouraging work from home (neutral, good, A.16) | Promoting active modes of transportation (good, good, A.17) |
Conditions on bailouts (neutral-to-good, neutral-to-good, A.18) |
Conclusions summarized as (evaluation for coronavirus, evaluation for climate)