This paper calculates, for the top twenty emitting countries, how much pricing of carbon dioxide (CO2) emissions is in their own national interests due to domestic co-benefits (leaving aside the global climate benefits).
Two simultaneous and interdependent issues challenge today’s development policy: poverty reduction and climate change.
This paper first reviews the conceptual case for, and appropriate design of, fiscal policies to address major externalities associated with energy use — global warming, local air pollution, and various side effects (e.g., congestion) from motor vehicles.
China’s economy continues to grow rapidly with corresponding increases in both energy consumption and environmental pollution. Renewable energy is a key part of China’s response to this challenge.
This paper recommends a system of upstream taxes on fossil fuels, combined with refunds for downstream emissions capture, to reduce carbon and local pollution emissions.
This report by the Confederation of British Industry (CBI), a UK business organisation, shows that the UK has the capability to become a key global player in low carbon products and services, which could add £20 billion to annual GDP by 2014/2015.