Carbon taxes
We assess whether to levy a carbon tax, at what rate, and under which recycling rules. One class of work solves for the rate that meets a given abatement target; another evaluates environmental and economic effects under specified scenarios.
Emissions trading
Abatement instruments include quantity caps, carbon taxes, and emissions trading. Trading uses prices so that firms weigh abatement investment against allowance purchases while remaining consistent with growth objectives.
Local pollutants
We also track local pollutants such as SO₂ and NOₓ and the implications of related policy.