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 …

After twenty years of global negotiations, the world is still far from a comprehensive climate agreement. The "top … potentially reduce overall costs of tackling climate change by leveraging the differences in the marginal costs of emissions …

establishing a global price for greenhouse gas emissions. This paper presents a solution to this dilemma - allow countries to … accepting a cap that is as low as U.S. emissions in the 1800s. And it would allow the U.S. and the E.U. to keep their cap and … world oil price. For China and the United States, this savings might well cover the full cost of the proposed initial …