This paper examines whether the European Union Emissions Trading System (EU ETS) has led companies to shift the location of production, thereby creating carbon leakage. Read more

This paper examines whether the European Union Emissions Trading System (EU ETS) has led companies to shift the location of production, thereby creating carbon leakage. Read more
New research by Giovanni Marin and Francesco Vona finds that increases in energy prices substantially reduce energy consumption and carbon... Read more
This paper explores the relationship between carbon prices and policies that change consumers’ preferences, concluding that taking the effects into account in economic models would enhance understanding of climate change mitigation policy, facilitating the transition to a low-carbon economy. Read more
A carbon price is a cost applied to carbon pollution to encourage polluters to reduce the amount of greenhouse gases they emit... Read more
Part of a series of Climate Innovation Insights published by Climate-KIC. Key messages Limiting global warming to 1.5°C, the target... Read more
This paper explores the potential impact of a uniform £20 per tonne carbon price on fuels and production costs across all 106 industries that comprise the UK economy. Read more
This paper measures the response of bilateral trade flows to differences in industrial energy prices across countries. Using a rich... Read more
This article focuses on the relationship between the design of carbon pricing instruments and business cycle fluctuations. Read more
A large increase in energy prices in the European Union would have only a very small effect on exports by European industry and the balance of trade, according to a new academic paper published today (2 March 2015) Read more