the world mean temperature exceeding 2◦ Celsius. To achieve the two degree target, the cumulated global emissions must not … restricting emissions to the global carbon budget. In its simplest form, the cost-effective global policy is shown to consist of a … the abating country to tax its first-period consumption and to tax or subsidize its emissions in the first and/or second …

cleaner technologies. In contrast to this argument, we show that the cost of environmental policy (a reduction in emissions …

This paper calculates, for the top twenty emitting countries, how much pricing of carbon dioxide (CO2) emissions is in … cases, reductions in automobile externalities (net of fuel taxes/subsidies). Pricing co-benefits reduces CO2 emissions from … exposure to pollution) and differentiated pricing of CO2 emissions therefore yields higher net benefits (by 23 percent) than …

rule; in the cost-effective (carbon budget) world, only an emissions trading scheme with free banking and borrowing can …

an emissions cap, fuel demand becomes less price elastic. In response, a monopolistic exporter sets the fuel export price …

. To identify the reasons for this insufficient implementation in the past decade the Public Choice theory is used. The …

climate policy in the presence of leakage. We ignore the welfare gain from reducing greenhouse gas emissions and focus on the … welfare cost of the emissions tax or permit scheme. Whereas that prior paper solves for changes in emissions quantities and …