Integrated assessment models (IAMs) are economists' primary tool for analyzing the optimal carbon tax. Damage functions, which link temperature to economic impacts, have come under fire because of the
International climate cooperation needs to be negotiated among sovereign countries. The key to cooperation, and to countervail free riding, is reciprocity. Using game theory and a human subject experi
This table reports the following scenarios: the actual EU ETS (I), No Reassignment (II), Proportional (III), and Random (IV). Data refer to Phase II. The first panel includes both internal and externa
Countries balance diverse and interconnected policy objectives when deciding how to tax energy use or price carbon emissions. These country notes take stock of where Net Effective Carbon Rates stood i
Organisation for Economic Co-operation and Development110
How do discursive fields influence support for climate policies? The European Green Deal (EGD) has gained media attention in part because it was presented as a cross-sectorial strategy aiming to ‘tran
