This paper examines the question of fairness in the design of much needed carbon pricing policies. We evaluate the impact of the B.C. carbon tax and the proposed Australian carbon pricing proposal on indigenous communities, and offer a comparative analysis of carbon taxes and emissions trading...

This paper examines the question of fairness in the design of much needed carbon pricing policies. We evaluate the impact of the B.C. carbon tax and the proposed Australian carbon pricing proposal on indigenous communities, and offer a comparative analysis of carbon taxes and emissions trading...

The economic prescription for climate change is clear: price carbon dioxide (CO2) and other greenhouse gas emissions to internalize climate damages. In practice, a variety of political economy constraints prevent the introduction of a carbon price equal to the full social cost of emissions. This...

This paper considers the impacts of "finance blending" whereby climate finance is added to international carbon markets for offset trading. The paper first discusses climate finance and the carbon market as free-standing finance solutions by high-income countries to increase mitigation in...

The present paper analyzes the impact of a climate coalition's border carbon adjustment on emissions from commodity production, welfare and the coalition size. The coalition implements border carbon adjustment to reduce carbon leakage and to improve its terms of trade, while the fringe abstains...

Purpose: The purpose of the study is to evaluate the European Union’s "Fit for 55" plan, announced in 2021, which intends to meet a 2030 goal of reducing carbon emissions by 55 percent from 1990 levels. Design/methodology/approach: An analytical model is used to assess the impact of the EU...