For reducing greenhouse gas emissions, intensity targets are attracting interest as a flexible mechanism that would better allow for economic growth than emissions caps. For the same expected emissions, however, the economic responses to unexpected productivity shocks differ. Using a real...

Many economics texts cover the economics of controlling negative production externalities. Most authors introduce their analysis by examining a tax on the output of polluting firms, sometimes called a "simple Pigovian tax." They then often point out that taxing pollution directly is more...

This paper is about acceptance building, i.e. devising a mechanism for the gradual preparation of the citizenship and the economy in order to implement a carbon tax. It draws from the experiences made in Switzerland, where voluntary approaches were combined with a CO2 tax. More generally, this...

The devolved nature of environmental regulation provides an excellent opportunity for estimating the effects of regulation on employment, by generating rich variation in regulation across regions and over time. We exploit this variation using direct measures of regulation and plant data. We...

Many studies have shown that the activities of multinational corporations are quite sensitive to differences in income tax rates across countries. In this paper I explore the interaction between multinational taxation and abatement activities under an international emissions permit trading...

Physically, pollution occurs because it is virtually impossible to have a productive process that involves no waste; economically, pollution occurs because polluting is less expensive than operating cleanly. This chapter explores the sources and consequences of, and remedies for, pollution and...

This chapter examines government policy alternatives for protecting the environment. We compare environmentally motivated taxes and various non-tax environmental policy instruments in terms of their efficiency and distributional impacts. Much of the analysis is performed in a second-best setting...

As part of the 2008 Climate Change Act and the Sixth Carbon Budget, the United Kingdom government announced a 78% emission reduction target by 2035, compared to 1990 levels. The Climate Change Committee advised the government to phase out carbon-intensive vehicles and fully transition to...

This paper examines the impact of climate policy on technology transformation toward clean innovation in the context of private sector investment, providing empirical evidence supporting subsidy policy effect on alleviating global warming. In principle, the novelty of research root in that I...

Climate resilient communities can be achieved with the support of global research, development, deployment, and diffusion of environmentally sound low GHG emission technologies and processes. Technology cooperation should lower emissions remaining mindful of biodiversity, ecosystem services and...