Working paper by Raphael Calel, Jonathan Colmer, Antoine Dechezleprêtre, Matthieu Glachant on 3 Nov 2021
In this paper the authors develop and implement a new method for identifying ‘wasted’ subsidies, and use it to provide systematic evidence on the misallocation of carbon offsets in the Clean Development Mechanism, the world’s largest carbon offset programme.
Policy publication by Josh Burke, Misato Sato, Charlotte Taylor, Fangmin Li on 1 Apr 2021
There has been a resurgence in the debate around Carbon Border Adjustment Mechanisms (CBAMs) and the role they may play in preserving the effectiveness of climate action in high ambition countries. This report explores how the European Union’s CBAM, announced to come into force by the end of 2022, might affect the UK.
Working paper by Julius Andersson, Giles Atkinson on 9 Sep 2020
The fact that a carbon tax is an environmentally and economically efficient instrument for reducing emissions is often highlighted, but the equity story is also of importance. This paper addresses the question of the distributional burden of a carbon tax across different income groups and the role played by income inequality.
Working paper by Stefano Carattini, Julia Blasch on 1 Sep 2020
The authors of this paper devise a new strategy for social interventions designed to increase climate-friendly behaviour, testing the proclivity of attendees at a major European environmental economics conference to offset their carbon emissions from travelling to the conference.
Working paper by Marc Baudry, Anouk Faure, Simon Quemin on 25 Jun 2020
The authors of this paper develop a theoretical model of emissions trading in the presence of transaction costs, calibrating the model to annual transactions and compliance data in the European Union emissions trading scheme over its second phase.
