Carbon taxes remain economists favoured policy tool to curb emissions, but are unpopular among segments of the populations. Theoretical and numerical work tends to show the effectiveness of carbon taxes, but ex-post empirical analyses are still rare. In this paper we attempt to bridge this gap....

Within the past ten years, environmental economics has witnessed the development of a theory that has stirred up considerable controversy. The environmental Kuznets hypothesis predicts negative environmental impact first increases with rising income and then decreases. A wealth of indicators...