Agent‐based models (ABMs) have recently seen much application to the field of climate mitigation policies. They offer a more realistic description of micro behavior than traditional climate policy models by allowing for agent heterogeneity, bounded rationality and nonmarket interactions over social networks. This enables the analysis of a broader spectrum of policies. Here, we review 61 ABM studies addressing climate‐energy policy aimed at emissions reduction, product and technology diffusion, and energy conservation. This covers a broad set of instruments of climate policy, ranging from carbon taxation, and emissions trading through adoption subsidies to information provision tools such as smart meters and eco‐labels. Our treatment pays specific attention to behavioral assumptions and the structure of social networks. We offer suggestions for future research with ABMs to answer neglected policy questions. This article is categorized under: Climate Economics > Economics of Mitigation

Carbon taxes evoke a variety of public responses, often with negative implications for policy support, implementation and stringency. Here we use topic modelling to analyze associations of Spanish citizens with a policy proposal to introduce a carbon tax. This involves asking two key questions, to elicit (1) citizens' associations with a carbon tax and (2) their judgment of the fairness of such a policy for distinct uses of tax revenues. We identify 11 topics for the first question and 18 topics for the second. We perform regression analysis to assess how respondents' associations relate to their carbon-tax acceptability, knowledge and socio-demographic characteristics. The results show that, compared to people accepting the carbon tax, those rejecting it show less trust in politicians, think that the rich should pay more than the poor, consider the tax to be less fair, and stress more a lack of renewable energy or low-carbon transport. Respondents accepting a carbon tax emphasize more the need to solve environmental problems and care about a just society.These insights can help policy makers to improve the design and communication of climate policy with the aim to increase its public acceptability.

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