Does climate change policy lead companies to shift the location of production, thereby creating carbon leakage? We examine the impact of the European Union Emissions Trading System (EU ETS) on … read more »
This study employs a number of Integrated Assessment Models to determine what the optimal financial transfers between high-income and developing economies would be if climate mitigation effort, measured as mitigation costs as a share of gross domestic product, were to be divided equally across regions through a global carbon market. read more »
Frédéric Branger, Jean-Pierre Ponssard, Oliver Sartor and Misato Sato. In: Journal of the Association of Environmental and Resource Economists Vol. 2, No. 3 (September 2015), pp. 401-437
Financial Times, 25 August
This paper proposes an innovative solution to distribute free allowances to the cement sector under emissions trading systems. read more »
This paper proposes a simple framework to evaluate the economic advantage of regulating carbon emissions by linking the emissions trading systems (ETSs) of two jurisdictions versus operating them under autarky. … read more »
There is a danger that the current tinkering to subsidies and taxes affecting renewables in the UK will result in incoherence that will hinder efforts to reduce greenhouse gas emissions. read more »
Research fellow, Luca Taschini, looks at the ‘nitty gritty’ of EU ETS reform. read more »
Carbon projects are often complex, contested and shrouded by concerns about fairness, particularly regarding the involvement and sharing of benefits to local communities and smallholders. Fairtrade International’s collaborative efforts to develop a standard to certify Fairtrade Carbon Credits (FCCs) warrants careful analysis of the multiple and competing notions of fairness, how to achieve it and […]
It is widely acknowledged that introducing a price on carbon represents a crucial precondition for filling the current gap in low-carbon investment. However, as this paper argues, carbon pricing in … read more »
