Policy-makers are often unnecessarily timid in imposing climate change regulations

Martin, R., de Preux, L. & Wagner, U. (2012). Policy-makers are often unnecessarily timid in imposing climate change regulations.
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When governments design policies to reduce firms’ greenhouse gas emissions, are they too lenient on heavy polluters that claim such measures will damage their ability to compete in the global economy? Ralf Martin, Laure de Preux and Ulrich Wagner assess the UK’s experience with the climate change levy.

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