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Monika Schnitzer and Gernot Wagner

Monika Schnitzer is Chair of Comparative Economics at the Ludwig-Maximilians-University of Munich and Chair of the German Council of Economic Experts. Gernot Wagner is a climate economist at Columbia Business School and the author, most recently, of ‘Geoengineering: The Gamble’ (Polity, 2021).
Copyright: Project Syndicate, 2024.

Latest published

The best climate policy puts carrots before sticks

It is widely recognized that the transition to a zero-carbon economy requires both carrots and sticks — incentives and penalties. Less appreciated is the importance of this sequence: carrots before sticks.

August 16, 2024