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Keep calm and carry on emitting: cap-and-trade rules, local emissions and growth

dc.contributor.authorOnali, E
dc.contributor.authorMascia, DV
dc.date.accessioned2023-03-17T10:29:30Z
dc.date.issued2023-05-02
dc.date.updated2023-03-16T18:48:22Z
dc.description.abstractWe estimate the impact of the cap-and-trade program (CATP) in California on regional greenhouse gas emissions and economic growth. Our preferred identification strategies, based on spatial distance and county-level contiguity, fail to provide evidence of a reduction in regional emissions or economic growth due to the CATP. Multi-state organizations do not transfer emissions to non-Californian facilities, but parent-level concentration in emissions changes, consistent with an insofar unexplored form of regulatory arbitrage. Overall, our results highlight the importance of a regional approach when designing climate policies and evaluating their effects.en_GB
dc.identifier.citationPublished online 2 May 2023en_GB
dc.identifier.doi10.1080/00343404.2023.2194315
dc.identifier.urihttp://hdl.handle.net/10871/132702
dc.identifierORCID: 0000-0003-3723-2078 (Onali, Enrico)
dc.language.isoenen_GB
dc.publisherRoutledge / Regional Studies Associationen_GB
dc.rights© 2023 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited, and is not altered, transformed, or built upon in any way.
dc.subjectEconomic growthen_GB
dc.subjectRegional contiguityen_GB
dc.subjectCO2 emissionsen_GB
dc.subjectClimate policyen_GB
dc.titleKeep calm and carry on emitting: cap-and-trade rules, local emissions and growthen_GB
dc.typeArticleen_GB
dc.date.available2023-03-17T10:29:30Z
dc.identifier.issn0034-3404
dc.descriptionThis is the final version. Available on open access from Routledge via the DOI in this recorden_GB
dc.identifier.eissn1360-0591
dc.identifier.journalRegional Studiesen_GB
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/en_GB
dcterms.dateAccepted2023-03-15
dcterms.dateSubmitted2022-09-01
rioxxterms.versionVoRen_GB
rioxxterms.licenseref.startdate2023-03-15
rioxxterms.typeJournal Article/Reviewen_GB
refterms.dateFCD2023-03-16T18:48:24Z
refterms.versionFCDAM
refterms.dateFOA2023-05-05T14:26:01Z
refterms.panelCen_GB


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© 2023 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited, and is not altered, transformed, or built upon in any way.
Except where otherwise noted, this item's licence is described as © 2023 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited, and is not altered, transformed, or built upon in any way.