The Portfolio of Economic Policies Needed to Fight Climate Change

Literature Cited

1. Acemoglu D, Aghion P, Bursztyn L, Hémous D. 2012.. The environment and directed technical change. . Am. Econ. Rev. 102:(1):131–66
   [Google Scholar]
2. Aghion P, Akcigit U, Howitt P. 2014.. What do we learn from Schumpeterian growth theory?. In Handbook of Economic Growth 2B, ed. P Aghion, SN Durlauf , pp. 515–63 Amsterdam:: North-Holland
   [Google Scholar]
3. Aghion P, Dechezleprêtre A, Hémous D, Martin R, van Reenen J. 2016.. Carbon taxes, path dependency, and directed technical change: evidence from the auto industry. . J. Political Econ. 124::1–51
   [Google Scholar]
4. Ambec S, Crampes C. 2020.. Energy efficiency in buildings: from theory to practice. Unpublished manuscript , Toulouse Sch. Econ., Toulouse, Fr.:
   [Google Scholar]
5. Bénabou R, Tirole J. 2010.. Individual and corporate social responsibility. . Economica 77:(305):1–19
   [Google Scholar]
6. Bénabou R, Tirole J. 2016.. Mindful economics: the production, consumption, and value of beliefs. . J. Econ. Perspect. 30:(3):141–64
   [Google Scholar]
7. Berger J. 2019.. Signaling can increase consumers’ willingness to pay for green products. Theoretical model and experimental evidence. . J. Consum. Behav. 18:(3):233–46
   [Google Scholar]
8. Blaise G, Glachant M. 2019.. Quel est l'impact des travaux de rénovation énergétique des logements sur la consommation d'énergie? Une évaluation ex post sur données de panel. . Rev. Énerg. 646::46–60
   [Google Scholar]
9. Blanchard O, Tirole J. 2021.. Les grands défis économiques. Rep. , Fr. Stratég., Paris:. https://www.strategie.gouv.fr/sites/strategie.gouv.fr/files/atoms/files/fs-2021-rapport-les_grands_defis_economiques-juin_0.pdf
   [Google Scholar]
10. Borenstein S, Davis LW. 2016.. The distributional effects of US clean energy tax credits. . Tax Policy Econ. 30:(1):191–234
    [Google Scholar]
11. Chancel L. 2022.. Global carbon inequality over 1990–2019. . Nat. Sustain. 5::931–38
    [Google Scholar]
12. Coady D, Parry IWH, Le N-P, Shang B. 2019.. Global fossil fuel subsidies remain large: an update based on country-level estimates. IMF Work. Pap. 19/89 , Int. Monet. Fund, Washington, DC:
    [Google Scholar]
13. Cochrane JH. 2020.. Central banks and climate: a case of mission creep. . Hoover Institution, Nov. 13. https://www.hoover.org/research/central-banks-and-climate-case-mission-creep
    [Google Scholar]
14. Cole WJ, Greer D, Denholm P, Frazier AW, Machen S, et al. 2021.. Quantifying the challenge of reaching a 100% renewable energy power system for the United States. . Joule 5:(7):1732–48
    [Google Scholar]
15. Crampes C, Léautier TO. 2021.. White certificates and competition. . Concurrences 1::98493
    [Google Scholar]
16. Criqui P. 2021.. Les coûts d'abattement, partie 2: transports. Rep. , Fr. Stratég., Paris:. https://www.strategie.gouv.fr/sites/strategie.gouv.fr/files/atoms/files/fs-2021-rapport-les_couts_dabattement-_partie_2_transports-juin.pdf
    [Google Scholar]
17. Dechezleprêtre A, Fabre A, Kruse T, Planterose B, Sanchez Chico A, Stantcheva S. 2022.. Fighting climate change: international attitudes toward climate policies. OECD Econ. Dep. Work. Pap. 1714 , Organ. Econ. Coop. Dev., Paris:
    [Google Scholar]
18. Delpla J, Gollier C. 2019.. Pour une banque centrale du carbone. . Asterion Anal. 1:. http://groupelavigne.free.fr/delpla1019.pdf
    [Google Scholar]
19. Dixit AK, Pindyck RS. 1994.. Investment Under Uncertainty. Princeton, NJ:: Princeton Univ. Press
    [Google Scholar]
20. Douenne T, Fabre A. 2022.. Yellow vests, pessimistic beliefs, and carbon tax aversion. . Am. Econ. J. Econ. Policy 14:(1):81–110
    [Google Scholar]
21. Edgecliffe-Johnson A, Nauman B. 2019.. Fossil fuel divestment has “zero” climate impact, says Bill Gates. . Financial Times, Sept. 17
    [Google Scholar]
22. Epley N, Gilovich T. 2016.. The mechanics of motivated reasoning. . J. Econ. Perspect. 30:(3):133–40
    [Google Scholar]
23. Eur. Comm. 2021.“ Fit for 55”: delivering the EU's 2030 Climate Target on the way to climate neutrality. Commun. COM(2021) 550 final , Eur. Comm., Brussels, Belg:. https://faolex.fao.org/docs/pdf/eur211249.pdf
    [Google Scholar]
24. Ewald J, Sterner T, Sterner E. 2022.. Understanding the resistance to carbon taxes: drivers and barriers among the general public and fuel-tax protesters. . Resour. Energy Econ. 70::101331
    [Google Scholar]
25. Falkner R, Nasiritousi N, Reischl G. 2022.. Climate clubs: politically feasible and desirable?. Clim. Policy 22:(4):480–87
    [Google Scholar]
26. Fowlie M, Greenstone M, Wolfram C. 2018.. Do energy efficiency investments deliver? Evidence from the weatherization assistance program. . Q. J. Econ. 133:(3):1597–644
    [Google Scholar]
27. Garicano L. 2021.. Towards a feasible carbon border adjustment mechanism: explanation and analysis of the European Parliament's proposal. Tech. Rep. , Eur. Parliam., Strasbourg, Fr.:
    [Google Scholar]
28. Glachant M, Kahn V, Lévêque F. 2021.. Quand les économies d'énergie deviennent fictives. . Les Échos, Dec. 21
    [Google Scholar]
29. Gollier C. 2022.. The cost-efficiency carbon pricing puzzle. Work. Pap. 18–952 , Toulouse Sch. Econ., Toulouse, Fr.:
    [Google Scholar]
30. Gollier C, Jullien B, Treich N. 2000.. Scientific progress and irreversibility: an economic interpretation of the “precautionary principle. J. Public Econ. 75:(2):229–53
    [Google Scholar]
31. Gollier C, Pouget S. 2022.. Investment strategies and corporate behavior with socially responsible investors: a theory of active ownership. . Economica 89:(356):997–1023
    [Google Scholar]
32. Golman R, Loewenstein G, Moene KO, Zarri L. 2016.. The preference for belief consonance. . J. Econ. Perspect. 30:(3):165–87
    [Google Scholar]
33. Greenstone M, Nath I. 2020.. Do renewable portfolio standards deliver cost-effective carbon abatement? BFI Work. Pap. 2019–62 , Becker Friedman Inst. Econ., Chicago:
    [Google Scholar]
34. Greenstone M, Sunstein C, Ori S. 2020.. Fuel economy 2.0. . Harv. Environ. Law 44:(1):1–42
    [Google Scholar]
35. Gruber J. 2003.. The new economics of smoking. . NBER Rep. 3. https://www.nber.org/reporter/summer-2003/new-economics-smoking
    [Google Scholar]
36. Guyomard H, Bureau JC, Chatelier V, Detang-Dessendre C, Dupraz P, et al. 2020.. The Green Deal and the CAP: policy implications to adapt farming practices and to preserve the EU's natural resources. Study, Eur. Parliam., Strasbourg, Fr:. https://www.europarl.europa.eu/RegData/etudes/STUD/2020/629214/IPOL_STU(2020)629214_EN.pdf
    [Google Scholar]
37. Heal G. 2022.. The economics of carbon accounting and carbon offsets. NBER Work. Pap. 30649
    [Google Scholar]
38. IEA (Int. Energy Agency). 2020.. Sustainable recovery. World Energy Outlook Spec. Rep. , Int. Energy Agency, Paris:
    [Google Scholar]
39. IEA (Int. Energy Agency). 2021.. Conditions and requirements for the technical feasibility of a power system with a high share of renewables in France towards 2050. Country Rep. , Int. Energy Agency, Paris:
    [Google Scholar]
40. IPCC (Intergov. Panel Climate Change). 2022.. Climate change 2022: mitigation of climate change. Summary for policymakers. Summ., Intergov. Panel Climate Change, Geneva, Switz:. https://www.ipcc.ch/report/ar6/wg3/downloads/report/IPCC_AR6_WGIII_SummaryForPolicymakers.pdf
    [Google Scholar]
41. Jarvis S. 2021.. The economic costs of NIMBYism: evidence from renewable energy projects. Work. Pap. 311 , Energy Inst. Haas, Univ. Calif., Berkeley:
    [Google Scholar]
42. Laffont JJ, Tirole J. 1996.. Pollution permits and compliance strategies. . J. Public Econ. 62:(1–2):85–125
    [Google Scholar]
43. Lemoine D. 2020.. The climate risk premium: how uncertainty affects the social cost of carbon. . J. Assoc. Environ. Resour. Econ. 8::27–57
    [Google Scholar]
44. Leroutier M. 2022.. Carbon pricing and power sector decarbonization: evidence from the UK. . J. Environ. Econ. Manag. 111::102580
    [Google Scholar]
45. Levinson A. 2019.. Energy efficiency standards are more regressive than energy taxes: theory and evidence. . J. Assoc. Environ. Resour. Econ. 6:(S1):S7–36
    [Google Scholar]
46. Marcu A, Mehling M, Cosbey A. 2020.. Border carbon adjustments in the EU: issues and options. Rep. , Eur. Roundtable Climate Change Sustain. Transit., Brussels, Belg.:
    [Google Scholar]
47. Mehling MA, van Asselt H, Das K, Droege S, Verkuijl C. 2019.. Designing border carbon adjustments for enhanced climate action. . Am. J. Int. Law 113:(3):433–81
    [Google Scholar]
48. Metcalf GE, Stock JH. 2022.. The macroeconomic impact of Europe's carbon taxes. . Am. Econ. J. Macroecon. In press
    [Google Scholar]
49. MIT Energy Initiat. 2022.. The future of energy storage: an interdisciplinary MIT study. Rep. , MIT Energy Initiat., Mass. Inst. Technol., Cambridge:. https://energy.mit.edu/wp-content/uploads/2022/05/The-Future-of-Energy-Storage.pdf
    [Google Scholar]
50. Moisson PH. 2022.. Ethics and impact investment. Unpublished manuscript , Toulouse Sch. Econ., Toulouse, Fr.:
    [Google Scholar]
51. Nordhaus W. 2015.. Climate clubs: overcoming free-riding in international climate policy. . Am. Econ. Rev. 105:(4):1339–70
    [Google Scholar]
52. Nordhaus W. 2021.. Dynamic climate clubs: on the effectiveness of incentives in global climate agreements. . PNAS 118:(45):e2109988118
    [Google Scholar]
53. Pigou AC. 1920.. The Economics of Welfare. London:: Macmillan & Co
    [Google Scholar]
54. Pindyck RS. 2017.. The use and misuse of models for climate policy. . Rev. Env. Econ. Policy. 11:(1):100–14
    [Google Scholar]
55. Pisani-Ferry J. 2021.. Climate policy is macroeconomic policy, and the implications will be significant. Policy Br. 21-20 , Peterson Inst. Int. Econ., Washington, DC:
    [Google Scholar]
56. Pizer WA, Campbell EJ. 2021.. Border carbon adjustments without full (or any) carbon pricing. . Resources for the Future, July 29
    [Google Scholar]
57. Rennert K, Errickson F, Prest BC, Rennels L, Newell RG, et al. 2022.. Comprehensive evidence implies a higher social cost of CO₂. . Nature 610::687–92
    [Google Scholar]
58. Rosenbloom D, Markard J, Geels FW, Fuenfschilling L. 2020.. Opinion: why carbon pricing is not sufficient to mitigate climate change and how “sustainability transition policy” can help. . PNAS 117:(16):8664–68
    [Google Scholar]
59. RTE (Réseaux Transp. Electr.). 2021.. Energy pathways to 2050. Rep. , Réseaux Transp. Electr., Paris:
    [Google Scholar]
60. Stern N, Stiglitz JE, Taylor C. 2022.. The economics of immense risk, urgent action and radical change: towards new approaches to the economics of climate change. . J. Econ. Methodol. 29:(3):181–216
    [Google Scholar]
61. Stiglitz JE. 2019.. Addressing climate change through price and non-price interventions. . Eur. Econ. Rev. 119::594–612
    [Google Scholar]
62. Tirole J. 2023.. Socially responsible agencies. . Compet. Law Policy Debate 7:(4):171–77
    [Google Scholar]
63. Trinks A, Mulder M, Scholtens B. 2022.. External carbon costs and internal carbon pricing. . Renew. Sustain. Energy Rev. 168::112780
    [Google Scholar]
64. Ulph A, Ulph D. 1997.. Global warming, irreversibility and learning. . Econ. J. 107:(442):636–50
    [Google Scholar]
65. Weitzman ML. 2017.. On a world climate assembly and the social cost of carbon. . Economica 84:(336):559–86
    [Google Scholar]
66. World Bank. 2010.. World development report 2010: development and climate change. Rep. , World Bank, Washington, DC:. https://openknowledge.worldbank.org/handle/10986/4387
    [Google Scholar]
67. Wu C, Zhang XP, Sterling M. 2021.. Economic analysis of power grid interconnections among Europe, North-East Asia, and North America with 100% renewable energy generation. . IEEE Open Access J. Power Energy 8::268–80
    [Google Scholar]