The United States Government recently concluded a year-long process to develop a range of values representing the monetized damages associated with an incremental increase in carbon dioxide (CO2) emissions, commonly referred to as the social cost of carbon (SCC). These values are currently used...

Fourteen U.S. states recently pledged to adopt limits on automobile greenhouse gases (GHGs) per mile in an effort to reduce GHG emissions. We show that, because of interactions between this effort and the federal CAFE standard, 70-80 percent of the emissions reductions from new cars in adopting...

In this paper we use annual time series data from 1960 to 2008 to estimate the long run price and income elasticities underlying energy demand in Ireland. The Irish economy is divided into five sectors: residential, industrial, commercial, agricultural and transport, and separate energy demand...

This paper documents the evolution of US carbon emissions and discusses the main factors that contributed to the historical carbon emissions rollercoaster. We divide the discussion into four periods - up to 1920, 1920-1960, 1960-2005 and after 2005. For each period, we discuss the main drivers...

We explore the efficiency of alternate allocations of responsibility for greenhouse gas emissions pricing policies in a small open economy federation. Emissions result from consumption and production of a tradeable dirty good, and their intensity depends on the emissions technology. National...

Integration and synergy of environmental policies is crucial for maximizing carbon reduction effects. This study investigates the heterogeneous impact of environmental policy synergy on carbon neutrality using panel data from 30 Chinese provinces between 2003 and 2022 and employing generalized...

Governments can support the green transition through green public procurement. Despite its strategic importance, the impact of this policy on firms remains unclear. Using US data, this paper provides the first empirical analysis of the causal effects of green contracts on corporate environmental...

Governments support the green transition through green public procurement. Using US data, this paper provides the first empirical analysis of the causal effects of green contracts on corporate greenhouse gas emissions and economic performance. We focus on an affirmative program for sustainable...

Accounting and reporting of greenhouse gas emissions are mandatory for Parties under the Paris Agreement. Reporting of carbon dioxide (CO2) emissions is important for understanding the global carbon cycle and for addressing concerns of global climate change. Under the global system of...

We derive the optimal unilateral policy in a general equilibrium model of trade and climate change where one region of the world imposes a climate policy and the rest of the world does not. A climate policy in one region shifts activities - extraction, production, and consumption - in the other...