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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 |
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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 |
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