Topic updates
Environmental Economics - Should a carbon tax vary over the economic cycle?
22nd August 2021
Should a carbon tax vary according to the stage of the economic cycle?
Would such a strategy help to mitigate some of the risks of emissions reductions on jobs and real incomes during tough economic times?
This is the main argument of research presented in this VoxEU paper.
Economists Ghassane Benmir, Ivan Jaccard and Gauthier Vermandel make the case that the optimal carbon tax should vary substantially over the economic cycle.
It is the sort of argument that would classify as excellent evaluation when discussing some of the potential trade-offs between policies - in this case, between environmental policies and their short-term macroeconomic impact.
You might also like
Battling deforestation in Indonesia
26th June 2015
Google signs up to $2bn wind and solar investment
22nd September 2019
Circular economy - IKEA to buy back unwanted furniture
14th October 2020
Sustainable growth - can beer go green for the planet?
19th July 2021
Climate Change Economics - Who should fix climate change?
17th October 2021
Externalities - No country met WHO air quality standards in 2021
24th March 2022
Energy Economics - Hornsea 2 becomes fully operational
31st August 2022