UK to scrap ‘Boiler

Tax’ after makers raise

prices to cover any fines
-
The Guardian
 Table of contents:

INTRODUCTION CHALLENGES AND MORAL & THE DYNAMIC & MARKET

SOLUTIONS POWER OF THE EQUILIBRIUM
INFORMATION

WHAT HAVE OTHER LINK WITH IF WE HAD MORE

COUNTRIES DONE FREAKONOMICS TIME WE WOULD
HAVE DONE…
 Moral & Information
Affects the climate movement in
the United Kingdom

 Impact on Climate Action Targets

 Consumer Perception and Behavior

 Based on Economic ideas

 PRICE DYNAMICS
&
MARKET EQUILIBRIUM

Increased grants to mitigate Government seeks competitiveness Continuous monitoring and

adoption barriers. and climate goals. adjustment for stability.

Raised boiler prices Proposed scrapping fines to Price hikes disrupted Higher prices may deter
anticipating fines for missing ease consumer burden. equilibrium, raising boiler consumers from
heat pump targets. costs. transitioning.
L i n k w i t h o u r g ro u p ’s
b o o k : F re a k o n o m i c s

• Economic Incentives and Behavior:

 Economic Incentives

• Incentives and Decision-Making:

 Unintended Consequences of Incentives

• Public Policy and Consequences:

 Behavioural Response to Incentives

 If we had more time ...

Consumer Government Market

Affordability and Predictions
VS Manufacturer
Environmental Collaboration