We examine an open economy's strategy to reduce its carbon emissions by replacing its consumption of coal - very carbon … than one carbon energy source may turn counter-productive, ultimately increasing world emissions. Thus, we establish … such a strategy increases global emissions. We also characterize the extent to which this unilateral policy makes the rest …

We examine an open economy's strategy to reduce its carbon emissions by replacing its consumption of coal - very carbon … counterproductive, ultimately increasing world emissions. We establish testable conditions as to whether a unilateral tax on domestic CO …2 emissions increases the domestic exploitation of gas, and whether such a strategy increases global emissions. We also …

We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate … and emissions trading systems (ETS), as well as the overall stringency of climate policies. We use dynamic panel … mix. We find that higher carbon taxes and prices of permits in ETS reduce carbon emissions. An increase in carbon taxes by …

-national levels. This paper examines the relationships between emissions-reducing policies and their effect on the country's economic …, emissions, and carbon tax. GDP usually increases as a country's carbon emissions, carbon tax, R&D, and population increase. The …