(RPS) on electricity price, CO2 emissions, fossil fuel electricity generation, and two kinds of renewable generation. We …

This paper studies the impact of national carbon taxes on CO2 emissions. To do so, we run local projections on a cross …-country panel dataset, matching measures of emissions of carbon dioxide with information on the introduction of carbon taxes and … their implied price. Importantly, we consider both measures of territorial emissions - emissions emitted within a country …

stable climate coalition is large in the Paris Agreement and small in the Kyoto Protocol, the emissions reductions of a … single coalition country are much more pronounced in the Kyoto Protocol, so that this per-country-emissions-reduction effect …

the world mean temperature exceeding 2° Celsius. To achieve the two degree target, the cumulated global emissions must not … restricting emissions to the global carbon budget. In its simplest form, the cost-effective global policy is shown to consist of a … the abating country to tax its first-period consumption and to tax or subsidize its emissions in the first and/or second …

A sufficiently rapidly rising carbon tax may increase near-term emissions compared with the case of no carbon tax. Even … expectation formation, a higher present carbon tax will reduce near-term carbon emissions. Moreover, whatever the expectations … about future tax rates are, near-term emissions will decline for a sufficiently high carbon tax. However, if the near …

We show that a technological breakthrough that reduces CO2 emissions per output can exacerbate the climate change … problem: countries may respond by raising their emissions resulting in an increase of the stock of pollution that may reduce … welfare. Using parameter values based on empirical evidence we obtain that any 'new technology' that reduces the emissions of …