Kohlscheen, Emanuel; Moessner, Richhild; Takáts, Előd - 2021
We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate … and emissions trading systems (ETS), as well as the overall stringency of climate policies. We use dynamic panel … mix. We find that higher carbon taxes and prices of permits in ETS reduce carbon emissions. An increase in carbon taxes by …