Gugler, Klaus Peter; Haxhimusa, Adhurim; Liebensteiner, … - 2022
This study estimates that the introduction of a carbon tax in the British power sector in 2013 and its two subsequent elevations in 2014 and 2015 led to a substantial decline in emissions by 26% (or 36.3 MtCO 2 ) in only three years. Identification of the causal effect relies on discontinuities...