The relative cost of carbon emissions reductions across regions depends on whether we measure costby marginal or total cost, private or economy-wide cost, and using market or purchasing power parityexchange rates. If all countries are on the same marginal carbon abatement cost curve then...

The Environmental Kuznets Curve (EKC) hypothesis – an inverted U-shape relationbetween various indicators of environmental degradation and income per capita –has become one of the ‘stylised facts’ of environmental and resource economics.This is despite considerable criticism on both...