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incentivize

Do rebates for carbon prices incentivize a reduction in emissions?

Credit: CC0 Public Domain Only about one-fifth of global carbon dioxide emissions are currently covered by carbon pricing, a strategy in which fees are imposed on emissions and are often paired with rebates paid back to the emitters. In the new paper "Intensity-based rebating of emissions pricing revenues," published in the Journal of the Association of Environmental and Resource Economists, authors Christoph Böhringer,…

Specialized’s workhorse ebikes incentivize bike rides over car rides

One of the world's largest bicycle companies is looking to up its ebike game with a dedicated brand that encourages commuters to ditch the car and saddle up on an electric bike. Specialized announced today that it will add Globe as a new electric bike and accessory business unit. From the first photo it released with the announcement, we can see that at least part of the Globe product line will comprise electric utility bikes capable of carrying all kinds of everyday essentials around town. Specialized is no stranger to…