Line Plot from Scientific Research

Carbon price trajectories assuming perfect foresight and reversal to myopia (that is, actors are first fully myopic, become farsighted around 2020 and then fall back fully into myopia until 2025). Both trajectories correspond to newest targets from the Fit for 55 proposal with an active MSR. The carbon price trajectories are complemented by the hypothesis that actors foresight strongly depends on policy credibility.

DOI