Environmental tax reform and greenwashing: evidence from Chinese listed companies

S Hu, A Wang, K Du - Energy Economics, 2023 - Elsevier
With more regulated environmental taxes, will enterprises adopt or evade green production
activities passively? To uncover this question, we apply the difference-in-differences model …

Social cost of carbon estimates have increased over time

RSJ Tol - Nature climate change, 2023 - nature.com
Estimates of the social cost of carbon are the yardstick for climate policy targets. However,
there is great uncertainty and we do not know how estimates have evolved over time. Here I …

Business cycles and environmental policy: Literature review and policy implications

We study the relationship between business cycles and the design and effects of
environmental policies, particularly those with economy-wide significance like climate …

[HTML][HTML] Resource-backed loans and ecological efficiency of human development: Evidence from African countries

Y Coulibaly - Ecological Economics, 2024 - Elsevier
The main challenge for most African countries is to find an alternative source of funding that
can meet the needs of present generation without jeopardizing the needs of the future …

Climate policy, financial frictions, and transition risk

S Carattini, G Heutel, G Melkadze - Review of Economic Dynamics, 2023 - Elsevier
We study climate and macroprudential policies in an economy with financial frictions. Using
a dynamic stochastic general equilibrium model featuring both a pollution market failure and …

The economic geography of global warming

JL Cruz, E Rossi-Hansberg - Review of Economic Studies, 2024 - academic.oup.com
Global warming is a worldwide and protracted phenomenon with heterogeneous local
economic effects. We propose a dynamic economic assessment model of the world …

The social cost of carbon: advances in long-term probabilistic projections of population, GDP, emissions, and discount rates

K Rennert, BC Prest, WA Pizer, RG Newell… - Brookings Papers on …, 2022 - muse.jhu.edu
The social cost of carbon (SCC) is a crucial metric for informing climate policy, most notably
for guiding climate regulations issued by the US government. Characterization of uncertainty …

How do zombie enterprises hinder climate change action plans in China?

Q Wu, S Chang, C Bai, W Wei - Energy Economics, 2023 - Elsevier
The climate targets identified at the 27th Conference of the Parties (COP27) create
unprecedented pressure to accelerate the ambitious transition toward net-zero carbon …

Estimates of the social cost of carbon: concepts and results from the DICE-2013R model and alternative approaches

W Nordhaus - Journal of the Association of Environmental …, 2014 - journals.uchicago.edu
The social cost of carbon (SCC) is an important concept for understanding and
implementing climate change policies. This term represents the economic cost caused by an …

Whatever it takes to save the planet? Central banks and unconventional green policy

A Ferrari, VN Landi - Macroeconomic Dynamics, 2024 - cambridge.org
We study the transmission mechanism of a Green QE, defined as a policy that tilts the central
bank's balance sheet toward green bonds, that is bonds issued by non-polluting firms. We …