All pages with keywords: carbon pricing

A strong carbon price to help the UK get to net-zero

a commentary by Josh Burke 24 June, 2019

Carbon pricing could form the policy bedrock for a net-zero target, argues Josh Burke Inaction on climate change puts the world in grave danger. Action must, therefore, be accelerated. This … read more »

How to price carbon to reach net-zero emissions in the UK

a policy publication by Josh Burke, Rebecca Byrnes, Sam Fankhauser 22 May, 2019

This report explains the importance of pricing carbon as a key component of any strategy to reach net-zero emissions in the UK, setting out how the price may differ sector to sector and how to incentivise negative emissions. read more »

UK Government should create market for greenhouse gas removals and increase carbon prices for businesses to achieve net zero emissions by 2050

Press release 22 May, 2019

To achieve ‘net zero’ greenhouse gas emissions by 2050, the Government should create a market for so-called ‘negative emissions’ that result from the removal of greenhouse gases from the atmosphere, … read more »

The global consumer incidence of carbon pricing: evidence from trade

The global consumer incidence of carbon pricing: evidence from trade

a working paper by Lutz Sager 4 April, 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 »

Steering the climate system: an extended comment

a working paper by Linus Mattauch, Richard Millar, Frederick van der Ploeg, Armon Rezai, Anselm Schultes, Frank Venmans, Nico Bauer, Simon Dietz, Ottmar Edenhofer, Niall Farrell, Cameron Hepburn, Gunnar Luderer, Jacquelyn Pless, Fiona Spuler, Nicholas Stern, Alexander Teytelboym 4 January, 2019

The authors of this comment respond to a recent argument put forward by Lemoine and Rudik (2017), that it is efficient to delay reducing carbon emissions because there is substantial inertia in the climate system. Mattauch et al. show that there is no such inertia, which means there is no lag between carbon emissions and warming. read more »

The impacts of energy prices on industrial foreign investment location: evidence from global firm level data

a working paper by Aurélien Saussay, Misato Sato 11 December, 2018

The results of this paper show that upon deciding to invest, firms are attracted to regions that have lower energy prices. This supports arguments for better targeting leakage prevention measures to complement carbon pricing for energy-intensive industrial activities. read more »

The global consumer incidence of carbon pricing: Evidence from trade | Lutz Sager

Grantham Workshop 20 Mar 2019

Lutz will be discussing his paper The Global Consumer Incidence of Carbon Pricing: Evidence from Trade. Abstract The consumer cost of carbon pricing is globally regressive, more so across countries … read more »

International and sectoral variation in industrial energy prices 1995–2015

International and sectoral variation in industrial energy prices 1995–2015

a research article by Misato Sato, Gregor Singer, Damien Dussaux, Stefania Lovo 15 November, 2018

– External link to paper – External link to data Energy price rises for industry are a major political concern. Access to cheap energy is often considered a key factor … read more »

What does the October 2018 Budget mean for UK carbon pricing in a no-deal Brexit?

a commentary by Josh Burke 30 October, 2018

To tax or to trade – that is the question. Following the October Budget, and as Brexit looms, Josh Burke assesses the policy landscape around carbon pricing in the UK. read more »

As South Africa’s carbon tax is delayed again what is the story so far?

a commentary by Patrick Curran 24 October, 2018

Patrick Curran reflects on a nine-year discussion about carbon pricing and carbon tax in South Africa as the country’s government postpones the tax’s implementation once again. read more »