This paper presents a detailed economic modelling analysis of public finance in the transition towards carbon neutrality. It outlines results from a Net-Zero Emission Ambition scenario, which reflects the ambition to achieve net-zero carbon dioxide emissions globally by mid-century, using a...

The reduction of GHG emissions is one of the most important policy objectives worldwide. Nonetheless, concrete and effective measures to reduce them are hardly implemented. One of the main reasons for this deadlock is the fear that unilateral actions will reduce a country's competitiveness, and...

The reduction of GHG emissions is one of the most important policy objectives worldwide. Nonetheless, concrete and effective measures to reduce them are hardly implemented. One of the main reasons for this deadlock is the fear that unilateral actions will reduce a country's competitiveness, and...

This research examines the impact of an increase in the current carbon tax. This study was undertaken as part of a joint research programme with the Department of Finance and the Revenue Commissioners.

This paper investigates the economic and environmental impacts of an incremental increase in the rate of Irish carbon tax. For this analysis an intertemporal computable general equilibrium (CGE) model, namely Ireland Environment-Energy-Economy (I3E), is developed. This model allows for the...

Reducing energy consumption and emissions from freight transport plays an important role in climate change mitigation. However, there remains a need for enhanced policymaking and research to explore a low carbon future of freight transport. This research establishes a freight transport model to...

New research from the ESRI analyses how the COVID-19 crisis will impact upon the Irish economy and environment. It finds that Irish GDP is expected to decrease by around 13 per cent in 2020 as a result of the economic disruptions caused by the COVID-19 crisis. From an environmental perspective,...

This study finds that a carbon tax could have some adverse impacts on GDP, inequality and household income. However, the impact is limited and could be reduced by using a well-designed revenue recycling scheme. The results come from research using the ESRI's environment, energy and economy (I3E)...