An astonishing feature of international energy and climate policy is that fossil fuels – often seen as the primary contributor to climate change – receive enormous government support (IMF 2013, IEA 2012). Surprisingly, no comprehensive database of directly measured, comparable fossil-fuel subsidies exists at the international level.
Dirty little secrets: Inferring fossil-fuel subsidies from patterns in emission intensities
Radek Stefanski, 30 May 2014
Climate policy targets revisited
Richard S J Tol, 25 April 2014
The Stern Review of the Economics of Climate Change is the most famous economic assessment of climate policy (Stern et al. 2006).
Breaking the climate stalemate?
Carlo Carraro, Valentina Bosetti, Massimo Tavoni, Thomas F. Rutherford, Richard Richels, Geoffrey Blanford, 7 December 2009
On the eve of the UN’s highly-anticipated Copenhagen meeting, international climate policy negotiations remain in gridlock. Many OECD countries insist on binding emissions limits for their economic competitors in the developing world, while countries such as China and India are unwilling to accept such responsibility.
Trade, pollution, and the environment: New international evidence
Jaime de Melo, Nicole A. Mathys, Jean-Marie Grether, 28 November 2009
Much concern has been raised that globalisation and trade liberalisation will lead to competition for investment and jobs, resulting in a worldwide degradation of environmental standards (the `race to the bottom´ effect) and /or in a delocalisation of heavy polluting industries in countries with lower standards (the `pollution havens´ effect – see Copeland and Taylor 2004).
How fast are CO2 emissions moving to Asia?
Jean-Marie Grether, Nicole A. Mathys, 21 November 2009
In the run-up to a post-Kyoto agreement on greenhouse gas emissions, a major concern is the inclusion of the most important sources of global CO2 emissions. As these sources are linked to economic activity, it is largely suspected that their distribution across the Earth’s surface has shifted over recent decades.
Border measures in US climate policy options
Jisun Kim, Gary Clyde Hufbauer, 17 October 2008
Due to rising domestic and international pressures, several greenhouse gas (GHG) control bills have been introduced in the 110th Congress. Some states and regional groups have already enacted controls.
Climate policy uncertainty: Shall we hedge against it?
Valentina Bosetti, Carlo Carraro, Alessandra Sgobbi, Massimo Tavoni, 14 October 2008
Despite growing concerns about climate change, there is little consensus about the scale and timing of actions needed to respond to it. International negotiations on an effective climate policy have been stalling for almost a decade now, and those currently underway might fail to reach a comprehensive agreement in the near future.
What accounts for the clean-up of US manufacturing: technology or international trade?
Arik Levinson, 2 January 2008
Antiglobalisation protesters display signs denouncing international trade's role in polluting the environment.1 Pundits write Op-Ed pieces cautioning that increased trade has environmental costs.2 And a majority of Americans agree that "freer trade puts the United States at a disadvantage because of our high ...
Climate Change, ethics and the economics of the global deal
Sir Nicholas Stern , 30 November 2007
The problem of climate change involves a fundamental failure of markets: those who damage others by emitting greenhouse gases generally do not pay. Climate change is a result of the greatest market failure the world has seen. The evidence on the seriousness of the risks from inaction or delayed action is now overwhelming.
Next steps after the Kyoto Protocol: formulas for quantitative emission targets
Jeffrey Frankel, 25 June 2007
It is a sign of how resigned the world has become to an absence of enlightened leadership from the United States that some were prepared to receive positively President Bush’s new position on Global Climate Change at the recent G8 meeting in Germany. The President conceded that it is a problem that is worth addressing.
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
- Debt, deleveraging, and the liquidity trap: A new modelKrugman
Cadot, de Melo, 16 June 2014
CEPR Policy Research
- The buyer margins of firms' exportsCarballo, Ottaviano, Volpe
- Commodity and Equity Markets: Some Stylized Facts from a Copula ApproachDelatte, Lopez
- Ethnic Unemployment Rates and Frictional MarketsGobillon, Rupert, Wasmer
- Finance and Poverty: Evidence from IndiaAyyagari, Beck, Hoseini
- The Manipulation of Basel Risk-WeightsMariathasan, Merrouche
- The economics of Scottish independence in an interdependent worldHughes Hallett
- Making city lights shine brighterYusuf, Leipziger