This paper discusses techniques for measuring the incidence of carbon taxes across different household income groups and provides some cross-country estimates of these effects for selected advanced countries. The general message of this paper is that distributional concerns should not...

In building a governance regime to address climate change, should we prioritize the development of global institutions or national ones? This paper adds insight to the issue of how much international coordination on climate governance is optimal by focusing on two neglected characteristics of...

Interest rates are central determinants of saving and investment decisions. Costly financial intermediation distort these price signals by creating a spread between the interest rates on deposits and loans with substantial effects on the supply of funds and the demand for credit. This study...

This paper examines the extent to which the cultural dimension of individualism-collectivism matters for the stringency of climate change policies across the world. I postulate that individualistic societies are endowed with a better capacity to implement stringent climate change regulations...

In this paper, we assess public attitudes on climate change in Europe over the last decade. Using aggregate figures from the Special Eurobarometer surveys on Climate Change, we find that environmental concern is directly related to per capita income, social trust, secondary education, the...

This paper analyzes the extensive and intensive margins of participation in the Carbon Disclosure Project by the Global 500. Empirical results based on the Double Hurdle model suggest that the existence of a senior manager with direct responsibility for climate change is associated with higher...

The 2016 election of Donald J. Trump as the 45th President of the United States promised to usher in sweeping changes to the federal government's policy priorities, largely at the expense of environmental and social safety. Climate change mitigation efforts will likely slow as a result of...

To decarbonize the power sector policy-makers need to commit to long-term credible rules for climate and energy policy. Otherwise, time-inconsistent policy-making will impair investments into low-carbon technologies. However, the future benefits and costs of decarbonization are subject to...

This paper describes changes to the modelling of the transport sector in the WITCH (World Induced Technical Change Hybrid) model to incorporate road freight and account for the intensity of freight with respect to GDP. Modelling freight demand based on the intensity of freight with respect to...