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How resilient is public support for carbon pricing? : longitudinal evidence from Germany

Sommer, Stephan; Konc, Théo; Drews, Stefan - 2023

from three surveys conducted between 2019 and 2022, we study the variations of public support for carbon pricing in Germany …. The period includes two relevant events: the introduction and ramping up of carbon pricing in Germany and the exogenous … increase in energy prices following the Russian invasion of Ukraine. Using panel methods, we show that support is very …

Persistent link: https://www.econbiz.de/10014296924

Will the centralisation of carbon pricing revenue in the EU lead to laxer climate policy?

Fuest, Clemens; Meier, Volker - 2021

We analyse the economic impact of using carbon pricing revenue to fund the EU budget. Such a reform would redistribute from countries with above average carbon intensive production to less carbon intensive countries. Once the reform is implemented, the low carbon countries will prefer a lower...

Persistent link: https://www.econbiz.de/10012494875

When starting with the most expensive option makes sense : optimal timing, cost and sectoral allocation of abatement investment

Vogt-Schilb, Adrien; Meunier, Guy; Hallegatte, Stéphane - 2018

This paper finds that it is optimal to start a long-term emission-reduction strategy with significant short-term abatement investment, even if the optimal carbon price starts low and grows progressively over time. Moreover, optimal marginal abatement investment costs differ across sectors of the...

Persistent link: https://www.econbiz.de/10011882054

Supporting carbon taxes : the role of fairness

Sommer, Stephan; Mattauch, Linus; Pahle, Michael - 2020

We conduct a discrete choice experiment with a sample of 6,000 German household heads to examine how fairness preferences influence the support for carbon taxes and revenue-recycling options. While it is well-known that carbon taxes are effective in reducing emissions and can be made...

Persistent link: https://www.econbiz.de/10012321088

Permit markets, carbon prices and the creation of innovation clusters

Gersbach, Hans; Riekhof, Marie-Catherine - 2018 - This version: November 2018

Innovation clusters combining public and private effort to develop breakthrough technologies promise greater technological advances to slow down climate change. We use a multi-country model with emissions permit trade to examine how international climate policy can incentivize countries to...

Persistent link: https://www.econbiz.de/10011944546

Prices versus quantities with morally concerned consumers

Schmidt, Klaus M.; Herweg, Fabian - 2021

It is widely believed that an environmental tax (price regulation) and cap-and-trade (quantity regulation) are equally efficient in controlling pollution when there is no uncertainty. We show that this is not the case if some consumers (firms, local governments) are morally concerned about...

Persistent link: https://www.econbiz.de/10012500312

Prices versus quantities with morally concerned consumers

Schmidt, Klaus M.; Herweg, Fabian - 2021

Persistent link: https://www.econbiz.de/10013335937

Coalition formation with border carbon adjustment

Schopf, Mark - 2020

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...

Persistent link: https://www.econbiz.de/10012425940

Climate mitigation policy in Denmark : a prototype for other countries

Batini, Nicoletta; Parry, Ian W. H.; Wingender, Philippe - 2021

Denmark has a highly ambitious goal of reducing greenhouse gas emissions 70 percent below 1990 levels by 2030. While there is general agreement that carbon pricing should be the centerpiece of Denmark’s mitigation strategy, pricing needs to be effective, address equity and leakage concerns,...

Persistent link: https://www.econbiz.de/10012433898

Reconsidering climate mitigation policy in the UK

Arregui, Nicolas; Parry, Ian W. H. - 2021

The UK has pledged to cut greenhouse gases 68 percent below 1990 levels by 2030, to be emissions neutral by 2050, and to phase out internal combustion engine vehicles by 2030. Much progress has been made, but fully achieving these ambitious objectives with the current policy framework will be...

Persistent link: https://www.econbiz.de/10012438370