We examine an open economy's strategy to reduce its carbon emissions by replacing its consumption of coal - very carbon … counterproductive, ultimately increasing world emissions. We establish testable conditions as to whether a unilateral tax on domestic CO … characterize this strategy's implications for climate policy in the rest of the world. Finally, we present an illustrative …

We examine an open economy's strategy to reduce its carbon emissions by replacing its consumption of coal - very carbon … than one carbon energy source may turn counter-productive, ultimately increasing world emissions. Thus, we establish … of the world's emission commitments more difficult to meet. Finally, we apply our results to the case of the US. …

role of urbanization, coal consumption and CO2 emissions as additional variables to avoid omitted variable bias. The … within the period under investigation with a high speed of convergence. The ARDL equilibrium relationship shows that coal … findings reveal a one-way link from GDP to coal consumption, suggesting economic prosperity promotes coal consumption. The …

employ a numerical model of the international steam coal market (COALMOD‐World) to examine two alternative supply … production. Here, coal as both, the most abundant and the most emission-intensive fuel, plays a pivotal role. In this paper, I …‐side policies: 1) a production subsidy reform introduced in major coal producing countries, in line with the G20 initiative to …

late breakthroughs most unilateral emission reductions may be negated abroad. Future coal liquefaction suggests negative …

, the use of coal, and to a lesser degree of oil, is associated with higher carbon emissions, while renewable energy use is … is particularly harmful when coal use is more intensive. The results suggest that mitigating economic cycles might also …