This paper aims to examine the cross-correlation relationship between EU carbon market price and the economic policy uncertainty. The United Kingdom and the United State of America are chosen as the…

The chapter by Shoibal Chakravarty and E. Somonathan focuses on coal, which accounts for a whopping 64% of India’s CO2 emissions in 2021. Since coal combustion also releases other deadly pollutants…

The climate targets agreed upon in the Paris Agreement will eventually need to be backed by ambitious climate policies. Putting a price on carbon and abolishing subsidies on fossil fuels is usually…

Briefing highlights – Analyzing policy attitudes is important for understanding environmental policy feasibility. – Pure self-interest is not sufficient to explain people’s policy positions. There are…

Economists argue that carbon taxation (and more generally carbon pricing) is the single most powerful way to combat climate change. Since this is so controversial, we need to explain it better, and to…

This publication explains how market-based instruments can be utilized to improve air quality, water, and waste management in Asia. Asia has experienced massive economic growth, characterized by rapid…

Abstract In this paper, we provide new insights into the drivers of China’s strong economic growth, especially after its entry into the WTO in 2001. Using synthetic control methods, we demonstrate…

We compare the effects of price and quantity instruments (an emissions tax and a quota with tradable permits) on the incentive to innovate to reduce the cost of an emission-free technology. We assume…

Many countries have implemented policies to tackle climate change, with Emissions Trading Schemes (ETS) being one of the foremost attempts. Under such schemes, firms receive emission allowances. The…

As an industry intensively using fossil fuel, the power sector is naturally a focus of efforts to slow climate change. In March 2015, China started the third round of power sector reform with the…