Vehicle taxation based on CO2 emissions is increasingly being adopted worldwide in order to shift consumer purchases to low-carbon cars, yet little is known about the effectiveness and overall economic impact of these schemes. We focus on feebate schemes, which impose a fee on high-carbon...

Climate policy is changing fast in the European Union, with country leaders raising the bloc’s ambition to reduce greenhouse gas emissions by 2030 and 2050. However, there is uncertainty about the allocation of decarbonisation effort between EU member states. This paper develops a...

Vehicle taxation based on CO2 emissions is increasingly being adopted worldwide in order to shift consumer purchases to low-carbon cars, yet little is known about the effectiveness and overall economic impact of these schemes. We focus on feebate schemes, which impose a fee on high-carbon...