Finland introduced the planet's first carbon tax in 1990 to experiment with, to most economists, the best policy to reverse carbon emissions. I estimate the causal effect of taxing carbon on Finnish emissions using the Synthetic Control Approach. The results suggest that taxing carbon reduces...

Natural disasters are on the rise worldwide. There are more and more intense natural disasters - which are defined to cause at least 100 deaths or to affect the basic survival needs of at least 1,000 people - resulting from floods and storms as well as droughts and heat waves. The Asia and the...

In the framework of the Paris Agreement implementation, financial transfers remain a major point of negotiation for addressing equity concerns raised by the ambitious climate objectives. In complement to the theoretical, experimental and numerical studies that have examined the role of transfers...

In this paper, we conduct an empirical analysis of the effects of residential electricity prices on greenhouse gases (GHG) emissions using a panel dataset that includes annual data on the electricity market and the amount of GHG emitted by all sectors in the 48 U.S. states from 1990 to 2017. We...

Temperature influences our notion of comfort and thus the ways we equip, heat, and cool our homes in part reflect this. This paper views electricity use in part as a phenomenon of adaptation to changes in weather and provides estimates of climate change impacts on electricity consumption in...

This paper identifies different types of climate change mitigation strategies countries adopted over the last two decades and assesses the policy synergies they might generate. The analysis exploits the rich policy repository of the OECD’s Climate Actions and Policies Measurement Framework...

Climate skeptics argue that the possibility that global warming is exogenous implies that we should not take additional action towards reducing greenhouse gas emissions until we know more. However this paper shows that even climate skeptics have an incentive to reduce emissions: such a change of...

This paper studies the interplay between climate, health, and the economy in a stylized world with four heterogeneous regions, labeled 'West' (cold and rich), 'China' (cold and poor), 'India' (warm and poor), and 'Africa' (warm and very poor). We introduce health impacts into a simple integrated...

This paper explores implications of climate change for fiscal policy by assessing the impact of large scale extreme weather events on changes in public budgets. We apply alternative measures for large scale extreme weather events and conclude that the budgetary impact of such events ranges...

New Zealand is facing increasing challenges in managing natural resources (land, freshwater, marine space and air quality) under pressures from domestic (population growth, agricultural intensification, cultural expectations) and international (climate change) sources. These challenges can be...