Abstract The 2015 Paris Agreement adopted the goal of limiting the rise in global mean
temperature to 1.5–2° C above pre-industrial levels. Carbon pricing can play a key role in …

A uniform global carbon price (and prices on other greenhouse gases in proportion to their
warming potential), delivered either by carbon taxes or carbon trading, would be an ideal …

Experts frequently point to carbon pricing as the most cost-effective tool for reducing
greenhouse gas emissions. Empirical studies show that carbon pricing can successfully …

We study the impact of carbon pricing on CO2emissions across five sectors for a panel of 39
countries over 1990-2016. Using newly constructed sector-level carbon price data, we …

Carbon pricing is a recurrent theme in debates on climate policy. Discarded at the 2009
COP in Copenhagen, it remained part of deliberations for a climate agreement in …

There is widespread agreement among most economists that economy-wide carbon pricing
will be a necessary (although not necessarily sufficient) component of any policy that can …

Carbon pricing has been hailed as an essential component of any sensible climate policy.
Internalize the externalities, the logic goes, and polluters will change their behavior. The …

Because of the global commons nature of climate change, international cooperation among
nations will likely be necessary for meaningful action at the global level. At the same time, it …

Most but not all economists view carbon pricing as most effective to combat carbon
emissions, whereas other policies are widely applied and highly debated. We quantify the …

OBJECTIVES During the 22nd Conference of the Parties (COP) of the United Nations
Framework Convention on Climate Change (UNFCCC) held in Marrakech, Morocco, in …