The pattern of development of the economies of Europe and the world in recent decades is a focus on sustainable development. In accordance with the declaration of the United Nations Conference of 1992, sustainable development is defined as "equitable meeting the needs of present and future...

Global emissions of CO2 need to fall lest climate change will accelerate. Any effective climate policy must raise the price of carbon consumption. From an urban perspective, one desirable effect of a carbon tax would be to induce households to move closer to where they work. This paper shows...