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Demographics and Emissions: The Life Cycle of Consumption Carbon Intensity

Henrique S. Basso, Richard Jaimes, Omar Rachedi, (), Richard Jaimes () and Omar Rachedi ()
Authors registered in the RePEc Author Service: Richard Jaimes and Omar Rachedi

No 20565, Vniversitas Económica from Universidad Javeriana - Bogotá

Abstract: The consumption carbon intensity – defined as the carbon emissions per unit of consumption – varies with age: it is hump-shaped over the life cycle, but it becomes flatter at high levels of income. We document this novel fact using U.S. household-level consumption data. This relationship does not hold only at the individual level, but also at the aggregate: we leverage information across U.S. states and countries to show that the carbon intensity of the economy de- pends on the population age structure. Consequently, policy changes that alter carbon prices affect relatively more middle-age individuals, and especially so in low-income economies.

Keywords: Climate Change; Life Cycle; Carbon Emissions; Demographic Transition. (search for similar items in EconPapers)
Pages: 25
Date: 2022-11-30
New Economics Papers: this item is included in nep-age, nep-ene and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:col:000416:020565

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