We show that OPEC's market power contributes to global warming by enabling producers of relatively expensive and dirty … oil to start producing before OPEC reserves are depleted. We fully characterize the equilibrium of a cartel-fringe model …

standard test levels. We find that OPEC exercised its market power during the sample period. Counterfactual experiments …

nine major oil economies, six of which are current members of OPEC (Iran, Kuwait, Libya, Nigeria, Saudi Arabia, and … OPEC members, which lie in the range of 45 to 125 years. For Indonesia, whose share of oil income in GDP has been declining …

standard test levels. We find that OPEC exercised its market power during the sample period. Counterfactual experiments …

This paper highlights the potential for joint OECD (or non-OPEC) carbon taxes to reduce OPEC's monopoly rent and … provide benefit to non-OPEC countries provided jointly agreed trigger strategies are adhered to. In traditional economic … system. In this paper, we discuss a third benefit of carbon taxes: transferring rents from OPEC to the oil importing …