As the most efficient market-based mitigation instrument, carbon tax is highly recommended by economists and international organizations. Countries like Denmark, Finland, Sweden, Netherlands and Norway were the first adopters of carbon tax and as such, research on the impacts and problems of...

Climate change is now widely recognized as the major environmental problem. In order to reduce CO2 emissions so as to cope with climate change, a wide range of effective policies, and an enforced international cooperation are required. A better understanding of the dynamic changes of CO2...