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City Size, Pollution and Emission Policies
Pflüger, Michael - 2020
modelling of pollution and pollution abatement. We derive two key insights. First, if the national government implements a … permit system (equivalently, pollution taxes) that allow for emissions as in the first-best, cities chosen by local …-best emission policy and extensions to city asymmetries, a fiscal externality, local pollution, generalized commuting costs and …
Persistent link: https://www.econbiz.de/10012827112
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Carbon Policy and the Emissions Implications of Electric Vehicles
Gillingham, Kenneth; Ovaere, Marten; Weber, Stephanie - 2021
Will a carbon tax improve the welfare consequences of policies to promote electric vehicles? This paper examines when a complementarity could exist between carbon pricing and high electric vehicle adoption. We analyze electricity generation in recent years to show that in several regions, carbon...
Persistent link: https://www.econbiz.de/10013234915
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Will the Centralisation of Carbon Pricing Revenue in the EU Lead to Laxer Climate Policy?
Fuest, Clemens; Meier, Volker - 2021
We analyse the economic impact of using carbon pricing revenue to fund the EU budget. Such a reform would redistribute from countries with above average carbon intensive production to less carbon intensive countries. Once the reform is implemented, the low carbon countries will prefer a lower...
Persistent link: https://www.econbiz.de/10013235113
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Effects of Carbon Pricing and Other Climate Policies on CO 2 Emissions
Kohlscheen, Emanuel; Moessner, Richhild; Takats, Elod - 2021
We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate national level. Our results are based on a comprehensive database of 121 countries. As climate policies we examine carbon taxes and emissions trading systems (ETS), as well as...
Persistent link: https://www.econbiz.de/10013323969
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Screening Green Innovation Through Carbon Pricing
Ahlvik, Lassi; den Bijgaart, Inge van - 2022
Green innovation is essential for climate change mitigation, but not all innovative projects deliver equal social value. We consider innovator heterogeneity in a model where the policy maker cannot observe innovation quality and directly subsidize the socially most valuable green innovations. We...
Persistent link: https://www.econbiz.de/10014077003
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Pricing Carbon
Drupp, Moritz A.; Nesje, Frikk; Schmidt, Robert C - 2022
We study the variation of global and unilateral carbon price recommendations and their determinants. To this end, we provide survey evidence on carbon pricing from more than 400 experts across almost 40 countries. We quantify the extent of (dis-)agreement and reveal that a majority of experts...
Persistent link: https://www.econbiz.de/10013296740
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Kantians Defy the Economists’ Mantra of Uniform Pigovian Emissions Taxes
Eichner, Thomas; Pethig, Rudiger - 2021
This paper analyzes the efficient emissions taxation in economies with individuals who are morally motivated to reduce their emissions footprint. They are heterogenous with respect to their morality and their consumption preferences. We distinguish between the concepts of moral and conventional...
Persistent link: https://www.econbiz.de/10013314813
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Trade, Leakage, and the Design of a Carbon Tax
Weisbach, David A.; Kortum, Samuel S.; Wang, Michael; … - 2022
Climate policies vary widely across countries, with some countries imposing stringent emissions policies and others doing very little. When climate policies vary across countries, energy-intensive industries have an incentive to relocate to places with few or no emissions restrictions, an effect...
Persistent link: https://www.econbiz.de/10014079652
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Endogenous Emission Caps Always Induce a Green Paradox
Gerlagh, Reyer - 2019
For any emission trading system (ETS) with quantity-based endogenous supply of allowances, there exists a negative demand shock, e.g. induced by abatement policy, that increases aggregate supply and thus cumulative emissions. We prove this green paradox for a general model and then apply it to...
Persistent link: https://www.econbiz.de/10012861409
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On Differentiated Carbon Prices and Discount Rates
Anthoff, David; Dennig, Francis; Emmerling, Johannes - 2021
The consensus view amongst economists is that carbon prices, in order to be effcient, must be the same across the globe. But when there are inefficiencies in the allocation of capital so that consumers in different countries face different discount rates, we show that efficient carbon prices...
Persistent link: https://www.econbiz.de/10013215895