The overall impacts on the Brazilian economy of reducing CO2 emissions from energy use and industrial processes can be assessed using a recursive dynamic general equilibrium model and a hypothetical carbon tax. The study projects that in 2040 under a business-as-usual scenario, CO2 emissions...

This paper examines the relationships between the energy consumption, GDP growth and emission, using Panel Smooth Transition Regression (PSTR) model for BRIC countries over the period 1960-2006. Our results reveal that environmental quality in these countries has increasingly suffered from high...