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of a uniform carbon price. Economists acknowledge that this principle breaks down in a second-best world with other … from switching from a uniform price to optimally differentiated prices is enormous, equivalent to a 27% emission reduction … for free. Third, the most important drivers of carbon price differentiation are market power in export markets as well as …
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This paper examines the determinants of voluntary individual carbon offsetting, i.e. the financial compensation of emissions from energy use. In contrast to former studies in this field, we particularly consider a comprehensive set of factors that are discussed in the context of voluntary...
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We examine the distributional and efficiency impacts of climate policy in the context of fiscal consolidation in a dynamic general-equilibrium overlapping generations model of the US economy. The model includes a disaggregated production structure, including energy sector detail and advanced...
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