Carbon leakage: an additional argument for international cooperation

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


Tax for climate finance should start with shipping

Pascal Saint-Amans argues that emissions from international shipping are the most realistic target for taxes to pay for climate spending in developing countries


The economic effects of carbon pricing

Carbon pricing policies are critical tools to mitigate the effects of climate change. Diego Känzig and Maximilian Konradt examine the impact of European carbon pricing policies, contrasting the common carbon market with national carbon taxes


Carbon trade-offs: how firms respond to emissions controls

Regulatory efforts to control carbon emissions are intensifying around the world. Maria Cecilia Bustamante and Francesca Zucchi examine the effects of carbon pricing mechanisms on businesses


Fostering a sustainable digital transformation

Abeliansky et al discuss the two side effects of automation – increased inequality and a rise in carbon emissions – and propose a policy response to deal with both problems


Carbon taxes may be a boon for the world, even in the short run

Bruno Conte, Klaus Desmet and Esteban Rossi-Hansberg argue that it is time to take a serious look at carbon taxes as they are less costly than you thought