Responsive cap-and-trade systems and carbon taxes can improve climate change policy by allowing higher greenhouse gas emissions during times of economic expansions and lower emissions during recessions. Read more

Responsive cap-and-trade systems and carbon taxes can improve climate change policy by allowing higher greenhouse gas emissions during times of economic expansions and lower emissions during recessions. Read more
The new policy paper| by Professor Michael Jacobs and co-authors, on ‘Less pain, more gain: the potential of carbon pricing reduce Europe’s fiscal deficits’, reviews a new analysis by Vivid Economics of the potential impact of energy and carbon taxes, as well as changes to the European Union Emissions Trading System, in several Member States, and finds that they could raise as much revenue as other forms of taxation while having less damaging side-effects on economic growth and reducing greenhouse gas emissions. Read more
The European Union has reached a critical point in its history, facing simultaneously a severe political-economic crisis, and its biggest... Read more
Carbon pricing, whether through emissions trading or taxes which discourage high-carbon behaviour, should be a fundamental pillar of policies designed... Read more
With the Republican Party and a good many Democrats currently opposed to sanctioning any meaningful reduction in greenhouse gas emissions,... Read more