We derive the optimal contributions to global climate policy when countries differ with respect to income level and … progress. We show that country heterogeneity has a crucial impact on optimal policy contributions: more developed countries …

Council – was reached after a long-lasting discourse over the 2030 EU climate and energy policy package. This paper offers a … reaching the EU climate goal. This policy, however, is not cost efficient … set so high that the derived emissions reduction exceeds the EU climate target. Hence, carbon prices are redundant in …

Carbon pricing is a recurrent theme in debates on climate policy. Discarded at the 2009 COP in Copenhagen, it remained … relatively low cost, which in turn contributes to enhance social and political acceptability of climate policy. This includes the … part of deliberations for a climate agreement in subsequent years. As there is still much misunderstanding about the many …

The United States recently ratified the Paris Agreement, under the UN Framework Convention on Climate Change (UNFCCC … policy efforts beyond those currently in place or already proposed by the Obama administration, the United States would … significantly contribute to the additional reductions necessary to fulfill our international climate commitments. Using a detailed …

recognizing forest carbon in climate policy. Specifically, we investigate the impact of an asymmetric carbon policy that …

political acceptability, and do not worsen, or could help alleviate, budgetary pressures. Domestically, a fiscal policy package …