Dynamics of legal structure and geopolitical influence on carbon tax in response to green transportation

Griffin Msefula, Tony Chieh-Tse Hou and Tina Lemesi

Applied Energy, 2024, vol. 371, issue C, No S0306261924010651

Abstract: This study examines the dynamic influence of legal structure, geopolitical risk on carbon taxes in response to monetary and labor policies in Nordic countries and Canadian provinces. The study examines eight carbon taxes collected from Nordic nations and Canadian provinces from 1990 to 2023. The Local Projections Difference in Difference model augments the panel Ordinary Least Squares approach. The Nordic countries obtain approximately 0.13 % carbon reductions in passenger emissions while freight carbon emissions increase; in contrast, Canada achieves 0.04 % carbon reductions in passenger emissions while freight carbon emissions achieve 1.25 % of carbon reduction.

Keywords: Geopolitical risk; Legal structure; Climate action; Carbon emission; Carbon tax (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (2)

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DOI: 10.1016/j.apenergy.2024.123682

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