In absence of joint global climate action, several jurisdictions unilaterally restrict their domestic demand for fossil fuels. Another policy option for fossil fuel producing countries, not much explored, is to reduce own supply of fossil fuels. We explore analytically and numerically how...

Carbon taxes remain economists favoured policy tool to curb emissions, but are unpopular among segments of the populations. Theoretical and numerical work tends to show the effectiveness of carbon taxes, but ex-post empirical analyses are still rare. In this paper we attempt to bridge this gap....

Concerns about climate change have led many to advocate for future reliance on nuclear power, a constant low‐​carbon energy source. But nuclear’s high capital costs have historically precluded its ability to be cost‐​competitive with fossil fuel generators. Would nuclear power be...