Current Status and Future Perspectives of Carbon Pricing Research in Austria

Abstract

In the context of the European Green Deal, the European Commission and the European Parliament proposed to intensify Europe’s ambition for its 2030 climate targets. In the case of Austria, the current government set itself the goal of being carbon neutral by 2040. The Federal Chancellery of Austria also presented a plan to introduce a carbon price for emissions from the non-EU ETS; a task force is underway to launch a formal proposal in 2022, and thus it is relevant to investigate the present stage of scientific research on carbon pricing in Austria. Therefore, the present paper examines and evaluates scientific publications using bibliometric techniques, combined with a systematic literature review (SLR). Our results show that even though the current government presented a plan to introduce a carbon price, there are still uncertainties about the design of the carbon pricing instrument, the institutional and regulatory framework, revenue recycling policies, impacts on sectoral GDP, competitiveness indicators and international trade. Furthermore, the transport sector was the largest contributor to the increase in total emissions in recent years in Austria; therefore, it requires special attention in terms of mitigating and adaptive measures.

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“…Bibliometric analysis can be used to assess research trends, the most relevant topics in a research corpus, and the collaborative networks formed among different authors [65][66][67][68][69][70]. In recent years, bibliometrics has been used in mainstream country-level analyses of development capacity and scientific and technological policy [71][72][73][74][75]. This trend has led to expanded bibliometric data collection in regard to various countries, research institutions, and scientific fields and the development of indicators as an essential basis for formulating or reviewing policies [76].…”

The Influencing Factors of the Carbon Trading Price: A Case of China against a “Double Carbon” Background

“…Practice has also shown that the futures price of the EU carbon market can predict and prevent carbon price risks well [29]. Santos et al found that, even though the Austrian government presented a plan to introduce a carbon price, there are still uncertainties about the design of the carbon pricing instrument, the institutional and regulatory framework, revenue recycling policies, the impacts on sectoral GDP, the competitiveness indicators, and international trade; meanwhile, the transport sector should require special attention in terms of mitigation and adaptive measures [41].…”