Contents
Part I A Start
Evolution of the economics of climate change
Beatrice Weder di Mauro
Why are economists letting down the world on climate change?
Andrew Oswald, Nicholas Stern
Part II Advocates and early voices
Climate Change, ethics and the economics of the global deal
Nicholas Stern
Climate economics
Geoffrey Heal
Climate change negotiations: Time to reconsider
Jean Tirole
Climate change and developing country growth
Michael Spence
How to set greenhouse gas emission targets for all countries
Jeffrey Frankel
Kick-starting the green innovation machine
Reinhilde Veugelers, Philippe Aghion, David Hemous
Part III Carbon pricing and carbon taxation
Distributional impacts of carbon pricing: A general equilibrium approach with micro data for households
Sebastian Rausch, Gilbert Metcalf, John Reilly
Global carbon taxation: Intuition from a back-of-the-envelopecalculation
Armon Rezai, Rick van der Ploeg
Discounting climate change investments
Stefano Giglio, Matteo Maggiori, Johannes Stroebel, Andreas Weber
Transition to clean technology
Daron Acemoğlu, Ufuk Akcigit, Douglas Hanley, William Kerr
How to deal with climate change deniers: Price carbon!
Rick van der Ploeg, Armon Reza
Pricing of carbon within and at the border of Europe
Christoph Schmidt, Marcel Fratzscher, Nicola Fuchs-Schundeln, Clemens Fuest, Christian Gollier, Philippe Martin, Isabelle Méjean, Xavier Ragot, Katheline Schubert, and Beatrice Weder di Mauro
Pollution permits and financing costs
Fabio Antoniou, Manthos Delis, Steven Ongena, Christos Tsoumas
Efficient carbon pricing under uncertainty
Christian Gollier
A time-varying carbon tax to protect the environment while safeguarding the economy
Ghassane Benmir, Ivan Jaccard and Gauthier Vermandel
Carbon pricing and relocation: Evidence from Dutch industry
Sander Hoogendoorn, Arjan Trinks, Johannes Bollen
The social cost of carbon and inequality
David Klenert, Marc Fleurbaey
Tackling climate change requires global policies
Söhnke M. Bartram, Kewei Hou, and Sehoon Kim
Part IV Green finance: Is it working?
The carbon bubble and the pricing of bank loans
Manthos Delis, Kathrin de Greiff, Steven Ongena
Green bonds and carbon emissions: Exploring the case for a rating system at the firm level
Torsten Ehlers, Benoit Mojon, Frank Packer, Luiz A. Pereira da Silva
Limits to private climate change mitigation
Dalya Elmalt, Deniz Igan, Divya Kirti
Financing climate change: International agreements and lending
Yener Altunbas, David Marques-Ibanez, Alessio Reghezza, Costanza Rodriguez d’Acri, Martina Spaggiari
Integrating climate change into the financial stability framework
Timo Löyttyniemi
Climate change will unevenly impact the European financial system
Paul Hiebert
Global pricing of carbon-transition risk
Patrick Bolton, Marcin Kacperczyk
Barriers to net-zero: How firms can make or break the green transition
Ralph De Haas, Ralf Martin, Mirabelle Muûls, Helena Schweiger
Mandatory corporate carbon disclosures and the path to net zero
Patrick Bolton, Stefan Reichelstein, Marcin Kacperczyk,Christian Leuz, Gaizka Ormazabal, Dirk Schoenmaker
Part V Green money: Climate change and central banks
Greening monetary policy
Dirk Schoenmaker
Central banks and climate change
Markus K Brunnermeier, Jean-Pierre Landau
Carbon taxation and inflation: Evidence from Europe and Canada
Maximilian Konradt, Beatrice Weder di Mauro
Climate change and central banks: Introducing the expectations channel
Alexander Dietrich, Gernot Müller, Raphael Schoenle
The ECB’s green agenda
Ethan Ilzetzki, Jason Jia
Climate change and central banks: The case for violating neutrality
Luke Bartholomew, Paul Diggle
Part VI Green political economy and global distributional issues
Why cap-and-trade should (and does) have appeal to politicians
Robert Stavins, Robert Hahn
Migration’s response to increasing temperatures
Cristina Cattaneo, Giovanni Peri
Carbon and inequality: From Kyoto to Paris
Lucas Chancel, Thomas Piketty
Making carbon pricing work for citizens
David Klenert, Cameron Hepburn
Climate migration frightens... climate poverty is frightening!
Michał Burzynski, Christoph Deuster, Frédéric Docquier, Jaime de Melo
Unequal gains: Assessing the aggregate and spatial economic impact of global warming
José-Luis Cruz, Esteban Rossi-Hansberg
The joint effect of private and public environmental regulation on emissions
Mattia Di Ubaldo, Steven McGuire, Vikrant Shirodkar
Trade to adapt: Changing specialisation to cope with climate change
Bruno Conte, Klaus Desmet, Dávid Krisztián Nagy, Esteban Rossi-Hansberg
Air pollution policy should focus on the most vulnerable people, not just the most polluted places
Tatyana Deryugina, Nolan Miller, David Molitor, Julian Reif
Design of climate change policies needs to internalise political realities
Davide Furceri, Michael Ganslmeier, Jonathan D. Ostry
Debt, natural disasters, and special drawing rights: A modest proposal
Avinash Persaud