• On the Effects of Linking Cap‑and‑Trade Systems for CO2 Emissions 

      Holtsmark, Bjart J; Weitzman, Martin L. (Peer reviewed; Journal article, 2020-01-23)
      Linkage of national cap-and-trade systems is typically advocated by economists on a general analogy with the beneficial linkage of free-trade areas and on the specific grounds that linkage will ensure cost effectiveness ...
    • Refunding emission payments: Output-based versus expenditure-based refunding 

      Hagem, Cathrine; Hoel, Michael; Sterner, Thomas (Peer reviewed; Journal article, 2020)
      We analyse two mechanism designs for refunding emission payments to polluting firms: output-based refunding (OBR) and expenditure-based refunding (EBR). In both instruments, emission fees are returned to the polluting ...
    • Taxing Consumption to Mitigate Carbon Leakage 

      Kaushal, Kevin Raj; Rosendahl, Knut Einar (Journal article; Peer reviewed, 2019)
      Unilateral actions to reduce CO2 emissions could lead to carbon leakage such as relocation of emission-intensive and trade-exposed industries (EITE). To mitigate such leakage, countries often supplement an emissions trading ...