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Type | Working Paper |
Scope | Discipline-based scholarship |
Title | The distributional effects of carbon pricing: a global view of common but differentiated responsibilities |
Organization Unit | |
Authors |
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Language |
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Institution | University of Zurich |
Series Name | Kühne Center Impact Series |
Number | 02-23 |
Number of Pages | 16 |
Date | 2023 |
Abstract Text | 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 $200 per person would suffice to equalize the economic costs of climate action. |
Official URL | https://www.kuehnecenter.uzh.ch/impact_series/2023_06_07-the-distributional-effects-of-carbon-pricing.html |
Other Identification Number | merlin-id:24393 |
PDF File | Download from ZORA |
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