Tagged: carbon pricing

Forests and intertemporal equilibrium - The Dismal Science

Eric Crampton Feb 17, 2021

I’m a bit of an ETS-absolutist. Or at least a carbon-pricing absolutist, in a place the size of NZ. I think the Weitzman reasons for preferring a carbon tax to an ETS are second-order relative to political economy considerations, and any weight at all put on switching costs makes it ludicrous to want NZ to flip from an ETS to … Read More

Emissions trading at Paris climate talks sets us up to fail - Guest Work

Guest Author Dec 15, 2015

Steffen Böhm, University of Essex The Paris Agreement has mostly been greeted with enthusiasm though it contains at least one obvious flaw. Few seem to have noticed that the main tool mooted for keeping us within the 2℃ global warming target is a massive expansion of carbon trading, including offsetting, which allows the market exchange of credits between … Read More

Scientists and fossil fuel subsidies - Griffin's Gadgets

Peter Griffin Dec 08, 2015

As we progress through week two of the COP21 climate change talks in Paris, fossil fuel subsidies and financing the developing world to lower its carbon emissions have been major talking points. Both involve billions of dollars, pools of investment that appear increasingly at odds with each other as the parties in Paris pursue a deal to combat dangerous climate change. Last … Read More