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Policy measures to compensate for increasing costs of energy: Impacts on equity, climate, and the environment
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Number of Authors: 8
Responsible organisation
2024 (English)Book (Other academic)
Abstract [en]

The Nordic region's climate change goals are challenged by significant energy price hikes from 2021 to 2023. Nordic governments implemented various price compensation measures, but their impact on social-, climate-, and environmental goals remains uncertain. The impact evaluation presented in this report highlights that the Nordic measures were characterised by diverse designs, rapid yet problematic implementation, and limited redistribution to low-income households. Several measures discouraged effective resource allocation and emission reduction. To reduce the risk of conflict between compensation measures and climate change policy it is important that measures are understood as temporary. Measures that utilise flat rate or regressive patterns for transfer of funds, and that decouple funds from current consumption, should have been more effective that most of the measures utilised.

Place, publisher, year, edition, pages
Copenhagen: Nordisk Ministerråd, 2024. , p. 70
Series
TemaNord, ISSN 0908-6692 ; 2024:517
National Category
Social Sciences
Research subject
Nordic Solutions; Environment and Climate; Energy; Regional policy; Economy and national budget; Transport; Economy
Identifiers
URN: urn:nbn:se:norden:org:diva-13111DOI: 10.6027/temanord2024-517ISBN: 978-92-893-7817-8 (electronic)ISBN: 978-92-893-7818-5 (electronic)OAI: oai:DiVA.org:norden-13111DiVA, id: diva2:1844618
Available from: 2024-03-14 Created: 2024-03-14 Last updated: 2024-04-22

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CiteExportLink to record
Permanent link

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Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
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  • asciidoc
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