The global consumer incidence of carbon pricing: evidence from trade

Working paper by Lutz Sager on 4 Apr 2019

This paper estimates the global distribution of the costs to consumers from carbon pricing, finding that some policies may be considered regressive for their burden on poorer consumers – but that the benefits from mitigating climate change may weaken or reverse the regressive effect. read more »

Linking permit markets multilaterally

Working paper by Baran Doda, Simon Quemin, Luca Taschini on 27 Feb 2019

A patchwork of emissions trading systems (ETSs) currently operate in several jurisdictions, including the EU, Switzerland, South Korea and several US states and Canadian provinces. China has also been experimenting with emissions trading in seven provinces and cities and is setting up a national system that will be much larger than the current largest system, […]

Intertemporal emissions trading and market design: an application to the EU ETS

Working paper by Simon Quemin, Raphaël Trotignon on 15 Jan 2019

The authors of this paper develop a model to assess the market stability reserve, a key feature of reforming the European Union’s emissions trading system (EU ETS), concluding that it is successful in raising the allowance price, but is limited in its ability to improve the system’s resilience to allowance demand shocks. read more »

Trust, compliance and international regulation

Working paper by Ara Jo on 12 Jun 2018

This paper uses data on the compliance of installations regulated under the EU Emissions Trading Scheme to investigate how the levels of trust in a country affect the compliance of firms with regulations on climate change. read more »