fulfill the Paris agreement and to curb mileage-related externalities from road traffic. The present study shows that a tax on … fuel should be combined with heavier taxation of lowand zero emission vehicles to curb mileage-related externalities and to … fuel. The road user charge on fuel is designed to curb mileage-related externalities. The heavier tax on lowand zero …

canonical New Keynesian model with climate externalities. Provided they are set at their socially optimal level, carbon taxes …