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Carbon taxes are commonly seen as a rational policy response to climate change, but little is known about their performance from an ex-post perspective. This paper analyzes the emissions and cost impacts of the UK CPS, a carbon tax levied on all fossil-fired power plants. To overcome the problem...
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In 2021, Germany will launch a national emissions trading system (ETS) in its road transport and housing sectors. This … large monetary resources, we argue that the remaining revenues should be preferably employed to reduce Germany’s electricity …
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