, we ask what the political reasons for the failure of carbon markets in Japan are and how they can be overcome. We use …

insights into the relationship between carbon, commodities and financial markets. First of all, we find a significant …

a two-country overlapping generations model with producer carbon emissions. We show that, for a net foreign debtor …

regulation is ultimately enacted. Theoretical and simulation models have shown that updating allowance allocations based on firm …

adjusting the cap, an auction reserve price, and fixed and variable carbon taxes in addition to EU ETS. We use a dynamic … at the EU Member State level. We find that both a variable carbon tax and an auction reserve price support effective … carbon prices at least cost in times of negative demand shocks for emission allowances. Moreover, these price-based policies …

political debate about unilateral climate policies. Tariffs on the carbon embodied in imported goods from countries without … emission pricing appeal as a measure to reduce carbon leakage and protect domestic EITE industries. We show that the … introduction of carbon tariffs can do more harm than good to domestic EITE industries. Two determinants drive the sign and …

carbon. Taking a dataset of estimates for the social cost as a representation of beliefs, we assess how robust climate … policies are to the delays of hard information. The carbon price should rise with income to the next century, even without … observed impacts. The carbon price should grow faster than the economy as long as climate warming is not enough for generating …

Unilateral climate policy induces carbon leakage through the relocation of emission-intensive and trade … pricing combined with border carbon adjustments may be a second-best instrument, and more cost-effective than output …-based rebating, in which case domestic output is indirectly subsidized. No countries have so far imposed border carbon adjustments …

This paper calculates, for the top twenty emitting countries, how much pricing of carbon dioxide (CO<sub>2</sub …

generator allows me to use marginal fuel and carbon costs (rather than prices) as explanatory variables in order to identify the … level of cost pass-through directly and with a high level of precision. I find that carbon costs are passed through to …