Global efforts towards mitigating climate change gain momentum; reducing carbon dioxide (CO2) emissions and aiming for zero emissions, or carbon neutrality, is the main goal. Economic factors are main determinants of CO2 emissions coming from production and energy consumption. This paper aims to...

This paper develops sufficient conditions under which the Weak Green Paradox may (and may not) hold in terms of subsidies for biofuel production such that the supply-side responses by fossil fuel producers may more than offset the substitution to biofuels. Analytical results are derived and...

This paper considers whether the California Air Resources Board, in implementing regulations to achieve the greenhouse gas reduction goals of the AB32 legislation, should include motor vehicle fuels as part of a cap-and-trade program. Its conclusion is that it is of importance to do so. While...

The lockdown policies related with the COVID-19 pandemic brings carbon emissions slump, but emissions potentially restore to increase as lockdown policies relaxed and the economy recovers. In this context, this study aims to explore the changes in carbon emissions and their underlying factors in...

We study the effect of climate policy on companies' greenhouse gas emissions using emissions data for the headquarters and subsidiaries of the world's biggest manufacturing, energy, and utility companies. Our results suggest that financial incentives and legal requirements to audit energy use...

The COVID-19 crisis comes at a complex moment for European climate policy as it pivots from a 40% 2030 emissions reduction target to a European Green Deal that is in better alignment with long-term Paris Agreement goals. Here, the implications of the dramatic fall in economic output associated...

We examine the effects of the growth of Chinese imports between 1995 and 2007 on the greenhouse gas (GHG) emissions of WTO countries. Using complementary estimators we establish that China's liberalised trade had significant effects on GHG emissions. The growth of Chinese imports increased the...

We study the effect of climate policy on companies' greenhouse gas emissions using emissions data for the headquarters and subsidiaries of the world's biggest manufacturing, energy, and utility companies. Our results suggest that financial incentives and legal requirements to audit energy use...

This paper is a quasi-replication of Andersson (2019). I use the synthetic control method to estimate the effect of a carbon tax starting at $1.41 per tonne of CO2 and increased through successive reforms to $20 by 2011. The results show that, one year after the intervention, the tax reduced CO2...