This paper presents a detailed economic modelling analysis of public finance in the transition towards carbon neutrality. It outlines results from a Net-Zero Emission Ambition scenario, which reflects the ambition to achieve net-zero carbon dioxide emissions globally by mid-century, using a...

Transitioning to a low-carbon economy requires undertaking massive investment expenditures, and how to finance these expenditures remains at the core of economic debates. However, the cost of not transitioning to a low-carbon economy is often forgotten in these debates. These costs have...

This paper aims to calculate emissions in Ireland by applying a production-based Accounting (PBA) approach and a consumption-based Accounting (CBA) approach. PBA considers emissions in Ireland to be all emissions emitted in the geographic region of Ireland, whereas CBA includes all emissions...

Production-based accounting (PBA) and consumption-based accounting (CBA) of emissions differ in how they consider the emissions resulting from the production of internationally traded commodities. This paper applies both approaches to calculate and compare emissions for Ireland and selected...

While the international community has agreed on the long-term target of limiting global warming to no more than 2°C above pre-industrial levels, only a few concrete climate policies and measures to reduce greenhouse gas (GHG) emissions have been implemented. We use a set of three global...

International carbon offsets have been promoted since the Kyoto Protocol and an increasing number of countries have implemented or proposed cap-and-trade schemes with international trading, even though with quantitative or qualitative restrictions. Those limits reflect the trade-off between...

International carbon offsets have been promoted since the Kyoto Protocol and an increasing number of countries have implemented or proposed cap-and-trade schemes with international trading, even though with quantitative or qualitative restrictions. Those limits reflect the trade-off between...