Carbon pricing with regressive co-benefits: evidence from British Columbia’s carbon tax

Working paper by Lorenzo Sileci on 6 Dec 2023

The carbon tax introduced in British Columbia, Canada in 2018 is found to have had positive impacts on air quality. However the health co-benefits have been greatest in less polluted, less densely-populated and better-off neighbourhoods – highlighting that a carbon tax can exacerbate existing variations in pollution and health, where poorer areas are worse affected.

Policing carbon markets

Working paper by Raphael Calel, Antoine Dechezleprêtre, Frank Venmans on 13 Sep 2023

This working paper aims to shed light on the practical issues involved in policing carbon markets, such as new regulators with narrow authority and lack of legal precedent.