In this paper, we explore automobile fuel efficiency policies in the presence of two externalities i) a global environmental problem; and ii) international innovation spillovers. Using a simple model with two regions, we show that both a fuel tax and a tax on vehicles based on their fuel economy...

This study analyses the economic effects of the EU's ‘Fit for 55’ climate mitigation policies using the OECD ENV-Linkage model, a dynamic, global Computable General Equilibrium model. The model projects macroeconomic, sectoral, energy and emission trends for the EU, and for the five largest...

This paper analyzes the drivers of carbon taxes acceptability with survey data and semi-experimental techniques. Based on a sample of more than 300 individuals, it assesses the effect on acceptability of specific policy designs and individuals' perceptions of carbon taxes advantages and...

With the United States’ reentry to the Paris Agreement, there is now consensus among the world's largest carbon emitters that emissions must be reduced. But there is still a radical lack of consensus on what regulations should be chosen to reduce carbon. Worse, there is also a radical...

The purchase of multifuel vehicles (MFVs) has been incentivized by policies across the globe. Such vehicles are able to operate on more than one source of energy, so they introduce fuel (or energy) choice as one additional dimension consumers decide about. As fuels differ in terms of carbon...