higher, but when the tipping point occurs, the price jumps downward. With only a temperature cap the carbon price rises at … the risk-adjusted interest rate. Adding damages leads to a higher carbon price that grows more slowly. But as temperature … and cumulative emissions get closer to their caps, the carbon price is ramped up ever more. Policy makers should commit to …

, there has been almost no research on China's carbon price and volatility. This paper provides an introduction to China …

the damage ratio is gradually resolved over time, this only slows down the price rise. Third, if CCS is allowed for, the … optimal CO2 price will rise before it declines but this decline does not occur until more than two centuries ahead. Fourth … CO2 prices upfront is an artefact of failing to separate out renewable energy subsidies from the carbon price. Finally …

' behavior, by keeping the effective price of fossil close to that of renewables for considerable time. The empirical question … whether energy demand is elastic or inelastic has less drastic implications for the fossil price and extraction paths than …

one of the world's largest producers of carbon emissions. Several measures have been undertaken to address climate change … is essential to create a procedure for establishing a national carbon emissions price. The regional markets are pioneers …