Empirical investigation of the effects of carbon pricing on emissions under cap-and-trade and taxation systems

The primary objective of the project is to publish one co-authored article on the empirical record of
emissions under various types of greenhouse gas pricing systems, in time for acceptance so that the
article can be part of the summary of works cited by the IPCC Special Report on the 1.5C goal. The
article will be published in a leading journal such as Climatic Change, Nature Climate Change or
Environmental Research Letters.
A secondary objective is to expand and make public a new version of our existing Carbon Pricing
Database (CPD) with data from emission taxation systems around the world as well as from new capand-
trade systems. The existing CPD is summarised in the PI's 2014 article in Climatic Change: "The
bears are right: Why cap-and-trade yields greater emission reductions than expected." The current
CPD version is available at the Harvard Dataverse.
A further secondary objective is the dissemination of the main results of the cap/tax comparison in a
popularized article.