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International evidence on household affordability of deep decarbonization

Research output: Contribution to journalLetterpeer-review

Abstract

We document international evidence on household affordability of deep decarbonization by applying a simple formula for an affordability index to publicly available market data. We conclude that economy-wide deep decarbonization policies are affordable for average households of the International Energy Agency’s member regions and therefore politically feasible for these regions.
Original languageEnglish
Number of pages5
JournalApplied Economics Letters
DOIs
Publication statusE-pub ahead of print - 24 Sept 2025

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 13 - Climate Action
    SDG 13 Climate Action

User-Defined Keywords

  • Deep decarbonization
  • IEA member regions
  • Carbon pricing
  • Expenditure function
  • Household affordability

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