Stability and climate policy? Harnessing insights on path dependence, policy feedback, and transition pathways

摘要: Abstract Instilling climate policy with stability has emerged as a central concern in both the academic literature and societal discourse around change. Societal actors have called for stable to enable low-carbon investment; decisionmakers sought provide credible signals; scholars developed insights inform “stickier” instrument design. However, given sources of instability confronting transformative changes entailed by decarbonization, this paper argues that may not only be unattainable but also undesirable. Instead striving an overriding feature policy, we suggest attending broader aim: stabilizing overarching orientation transition towards low greenhouse gas emission economy. We review complementary concepts path dependence, feedback, pathways distill strategies help addressing aim.