This paper derives the incidence of a pollution tax in a stylized general equilibrium framework, building on previous … counter-intuitive possibility that an increase in the tax could lead to worse pollution outcomes vanishes. The choice of the …

The paper studies the effect of public transport policies on urban pollution. It uses a quantitative equilibrium model … with residential choice and mode choice. Pollution comes from commuting and residential energy use. The model parameters … transport coupled with increasing transit speed affects the equilibrium. In the baseline simulation, total pollution falls by 0 …

's Global Warming Solutions Act Scoping Plan, the U.S. Regional Greenhouse Gas Initiative, EU-ETS, and China's National ETS, the …

regulated due to its historically large contribution to air and water pollution. Our paper contributes to the broader empirical … and enforcement. Our key findings are: (1) prudential regulation limits expansion of plants with high initial pollution …

-consistent policy rules that implement the stochastic first best as long as a future market exists. We apply our theory to carbon …