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The impacts of climate change levy on business: evidence from microdata
Martin, Ralf; de Preux, Laure B.; Wagner, Ulrich J. - London School of Economics (LSE) - 2009
We estimate the impacts of an energy tax – the Climate Change Levy (CCL) – on the manufacturing sector using panel data … translates into a positive impact on CO2 emissions. We do not find any statistically significant impacts of the tax on employment …
Persistent link: https://www.econbiz.de/10010884619
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Why is the US so energy intensive?: evidence from US multinationals in the UK
Martin, Ralf - London School of Economics (LSE) - 2009
At present the USA is - in per capita terms - the top greenhouse gas polluter among the world’s major economies. This is mirrored by the high energy intensity of all sectors of the US economy including manufacturing industries. A potential explanation for the higher energy intensity is lower...
Persistent link: https://www.econbiz.de/10010744908
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Neighbors, knowledge, and nuggets: two natural field experiments on the role of incentives on energy conservation
Dolan, Paul; Metcalfe, Robert - London School of Economics (LSE) - 2013
There is increasing research on the exogenous impact of descriptive social norms on economic behavior. The research to date has a number of limitations: 1) it has not de-coupled the impact of the norm and the knowledge required to understand how to change behavior based upon it; 2) it has...
Persistent link: https://www.econbiz.de/10010745263
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Climate change and carbon markets: a panoramic history
Calel, Raphael - London School of Economics (LSE) - 2011
International carbon markets have grown quickly in recent years, but have also experienced serious problems and faced harsh criticism. This paper looks at the history of climate science, at how the economics of emissions trading developed, and at the formation of international institutions to...
Persistent link: https://www.econbiz.de/10010746514
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Why is the US so energy intensive?: evidence from US multinationals in the UK
Martin, Ralf - London School of Economics (LSE) - 2010
At present the USA is - in per capita terms - the top greenhouse gas polluter among the world’s major economies. This is mirrored by the high energy intensity of all sectors of the US economy including manufacturing industries. A potential explanation for the higher energy intensity are lower...
Persistent link: https://www.econbiz.de/10010746537
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The impacts of the climate change levy on business: evidence from microdata
Martin, Ralf; Wagner, Ulrich J.; de Preux, Laure B. - London School of Economics (LSE) - 2009
electricity use. We cannot reject the hypothesis that the tax had no detrimental effects on economic performance and on plant exit. …
Persistent link: https://www.econbiz.de/10010746595
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The impacts of climate change levy on business: evidence from microdata
Martin, Ralf; Wagner, Ulrich J.; de Preux, Laure B. - London School of Economics (LSE) - 2009
We estimate the impacts of an energy tax – the Climate Change Levy (CCL) – on the manufacturing sector using panel data … translates into a positive impact on CO2 emissions. We do not find any statistically significant impacts of the tax on employment …
Persistent link: https://www.econbiz.de/10010746651
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The impact of a carbon tax on manufacturing: evidence from microdata
Martin, Ralf; de Preux, Laure B.; Wagner, Ulrich J. - London School of Economics (LSE) - 2014
We estimate the impact of a carbon tax on manufacturing plants using panel data from the UK production census. Our … identification strategy builds on the comparison of outcomes between plants subject to the full tax and plants that paid only 20% of … the tax. Exploiting exogenous variation in eligibility for the tax discount, we find that the carbon tax had a strong …
Persistent link: https://www.econbiz.de/10011126344
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Carbon markets in space and time
Fankhauser, Samuel; Hepburn, Cameron - London School of Economics (LSE) - 2009
This paper analyses the design of carbon markets in time (intertemporally) and space (geographically) from first principles, starting initially with a relatively clean slate and asking what an optimal global carbon market would look like by around 2030. Our focus is on firmlevel trading systems,...
Persistent link: https://www.econbiz.de/10011071167
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Stocks and shocks: a clarification in the debate over price vs. quantity controls for greenhouse gases
Parsons, John E.; Taschini, Luca - London School of Economics (LSE) - 2011
We construct two simple examples that help to clarify the role of a key assumption in the analysis of price or quantity controls of greenhouse gases in the presence of uncertain costs. Traditionally much has been made of the fact that greenhouse gases are a stock pollutant, and that therefore...
Persistent link: https://www.econbiz.de/10010746433