Publication: The distributional effects of carbon pricing: a global view of common but differentiated responsibilities
The distributional effects of carbon pricing: a global view of common but differentiated responsibilities
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Le Moigne, M., & Lepot, S. (2023). The distributional effects of carbon pricing: a global view of common but differentiated responsibilities (No. 02–23; Kühne Center Impact Series). https://www.kuehnecenter.uzh.ch/impact_series/2023_06_07-the-distributional-effects-of-carbon-pricing.html
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In this Kühne Impact Series, we focus on the distributional effects of climate action. We simulate the distributional effects of a global carbon tax – the optimal economic policy tool in the fight against climate change – with or without international redistribution schemes. Our main result is that the economic costs of climate action are disproportionately borne by poor countries, but that realistic cross-country transfers could remedy this inequality. For example, annual North-South transfers of an average
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Citations
Le Moigne, M., & Lepot, S. (2023). The distributional effects of carbon pricing: a global view of common but differentiated responsibilities (No. 02–23; Kühne Center Impact Series). https://www.kuehnecenter.uzh.ch/impact_series/2023_06_07-the-distributional-effects-of-carbon-pricing.html