Physical Sciences and Mathematics Commons^™

Carbon Policy Implementation: A Country-Level Analysis Of Carbon Tax Vs. Cap And Trade, Paris Mccaw

CMC Senior Theses

Climate change is arguably the greatest issue faced by this generation. Mitigation requires an informed and motivated global effort in order to be effective. This paper examines the relationship between emissions from 1980-2020 along with relevant covariates, and carbon policy status, specifically a carbon tax and a cap and trade. An analysis of how the implementation of carbon policies impacts emissions helps to determine the most effective and efficient way to combat climate change. I first run a regression of covariates with emissions and find statistically significant factors that influence emissions: meat production, population, intellectual property charges, and infant deaths. …