Cap and Trade
It’s Too Late for Big Oil’s Pivot to a Carbon Tax
The American Petroleum Institute is considering endorsing a carbon price. That’s a big shift, but a carbon price alone is not good climate policy.
Climate Economics
Spring 2021
KGO 810 Radio San Francisco
Pat Thurston Show
India in the coming 'climate G2'?
by Jonathan Camuzeaux, Thomas Sterner, and Gernot Wagner
"Eine CO2-Steuer trifft die Reichen"
Gespräch mit Benedikt Narodoslawsky
Linking in a world of significant policy uncertainty
Climate policy requires a balance of bottom-up and top-down approaches
Policy sequencing toward decarbonization
by Jonas Meckling, Thomas Sterner & Gernot Wagner
Emissions Trading in Practice: A Handbook on Design and Implementation
World Bank Partnership for Market Readiness and International Carbon Action Partnership
Energy and Environment class
New York University Stern School of Business
Carbon markets and climate finance
From "climate finance" to "finance"
Pluses and Minuses of a Carbon Tax
by Nat Keohane & Gernot Wagner
Linking sound economics with global politics
In honor of the 2014 Upton Scholar Robert N. Stavins
A balance of bottom-up and top-down in linking climate policies
by Jessica F. Green, Thomas Sterner and Gernot Wagner
Carbon Cap and Trade
Cap and trade comes in two parts: a cap on total emissions and a system that allows trading to achieve that limit as cost-effectively as possible.
Judge a carbon market by its cap, not its prices
The goal of emissions trading systems is to make them scarce, not to make them costly.
New York University
Guest lecture
Carbon trading grows up
When someone robs a bank, nobody challenges the legitimacy of banks. They suggest instead that the bank find better security. Why should carbon markets be any different?
Sectoral Crediting: Getting governance right from the beginning
by Gernot Wagner, Nathaniel O. Keohane, and Annie Petsonk
Docking into a global carbon market
Clean Investment Budgets to finance low-carbon economic development