Failure to meet the Paris climate goals poses economic challenges that have an impact on central banks’ work, argues Frank Elderson. To avoid mistakes, policymakers must address the resulting structural changes

Simon Voigts and Anne-Charlotte Paret assess emissions reduction, fiscal costs and the macro effects of the Inflation Reduction Act

Climate change is a collective action problem that requires substantial international cooperation. Christofer Schroeder and Livio Stracca present new evidence that carbon taxes are undermined by ‘leakage’

The EU plans to double solar PV capacity by 2030. Ben McWilliams, Simone Tagliapietra and Cecilia Trasi argue that the EU carry on importing from China but implement an industrial policy that intervenes in sectors that are more likely to contribute to sustainable economic growth

Davide Furceri, Michael Ganslmeier and Jonathan Ostry argue that climate policies must be calibrated carefully if they are to be accepted by the public and thus not hurt politicians’ electoral chances

The decarbonisation of the automotive industry is creating a skills shortage. Conor McCaffrey and Niclas Poitiers argue for EU member states to allow the EU to get more involved in skill policies