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October 12, 2023

Abolishing fossil subsidies useful if it supports the energy transition

The current debate on fossil fuel subsidies focuses too little on the underlying core question: does the abolishment of such subsidies support the energy transition and hence climate policy?

Pernis
April 18, 2023

Carbon costs and industrial firm performance: Evidence from international microdata

Entrepreneurs seem to be adapting their business operations to climate policy. There is little to no evidence that climate policy has depressed the profit, productivity or turnover of an average industrial firm.

Business park Pernis with various factories