Using data on syndicated loans, we find that the introduction of a carbon tax is associated with an increase in domestic banks' lending to coal, oil, and gas companies in foreign countries. This effect is particularly pronounced for banks with large prior fossil-lending exposures, suggesting a...

Part I. Introduction and Overview -- 1. Overview -- Part II. The Taxation of Natural Resources and the Environment, Revenue Sharing and Revenue Fund Management -- 2. The Taxation of Natural Resources: Principles and Policy Issues -- 3. Green Taxes and Policies for Environmental Protection -- 4....

The main aim of this article is to discusses theoretical issues regarding the use of carbon taxes in climate policy. The issues include inter alia: the definition of carbon and CO2 taxes, the objectives of these instruments and the tax design (the point at which the tax is levied, tax rates, tax...