Carbon pricing and the elasticity of CO2 emissions
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Most studies have confirmed the effectiveness of carbon pricing in reducing emissions.
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From The Impact of Carbon Pricing on Corporate Sustainability: Evidence From the European Union (2026) · cites this paper as Rafaty et al. 2025
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Reply to van den Bergh and Botzen: A clash of paradigms over the role of carbon pricing
Rosenbloom, D., Markard, J., Geels, F. W., & Fuenfschilling, L. (2020) · Proceedings of the National Academy of Sciences · doi:10.1073/pnas.2014350117 · Cited by 14 · see citing works
How Effective Was the UK Carbon Tax?—A Machine Learning Approach to Policy EvaluationPreprint
Abrell, J., Kosch, M., & Rausch, S. (2019) · SSRN Electronic Journal · doi:10.2139/ssrn.3373705 · Cited by 12 · see citing works
Carbon Pricing and Power Sector Decarbonisation: Evidence from the UKPreprint
Leroutier, M. (2021) · RePEc: Research Papers in Economics · Cited by 9 · see citing works
Counterfactual Analysis and Inference with Nonstationary DataPreprint
Masini, R., & Medeiros, M. C. (2020) · SSRN Electronic Journal · doi:10.2139/ssrn.3508451 · Cited by 2 · see citing works
Flagged first, then by citations
3 of the 132 references couldn’t be matched to a known paper.
Cited by
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Catalytic conversion of carbon dioxide over atomically precise metal clusters toward fine chemicals
Song, T., Liu, X., Wang, H., Yuan, Q., Cai, X., Ding, W., & Zhu, Y. (2025) · Coordination Chemistry Reviews · doi:10.1016/j.ccr.2025.216922 · Cited by 12 · see citing works
Impact of renewable energies on CO 2 emissions in the OECD
Casas, A. L. D. L., & Marrero, G. A. (2025) · Energy Sources Part B Economics Planning and Policy · doi:10.1080/15567249.2025.2517325 · Cited by 7 · see citing works
Pereda, P. C., Lucchesi, A., Oliveira, T. D., Wolf, R., Marques, C. H., Assis, L. F., & Caprace, J. (2025) · Sustainability · doi:10.3390/su17093765 · Cited by 6 · see citing works
Sun, X., Liu, T., Zhai, Y., Zhang, Y., & Shi, H. (2025) · Energies · doi:10.3390/en18236186 · Cited by 5 · see citing works
The Impact of Carbon Pricing on Corporate Sustainability: Evidence From the European Union
García, C. J., Herrero, B., & Morillas‐Jurado, F. (2026) · Business Strategy and the Environment · doi:10.1002/bse.70324 · Cited by 4 · see citing works
Fu, Y., Wen, P., Wu, J., & Shu, Y. (2025) · Energy Strategy Reviews · doi:10.1016/j.esr.2025.101976 · Cited by 3 · see citing works
Carbon Tax Versus Renewable Energy Innovation: Theoretical Insights and Empirical Evidence
Roy, A., Chen, P., & Semmler, W. (2025) · Environmetrics · doi:10.1002/env.70010 · Cited by 2 · see citing works
Gao, D., Wu, B., Wei, C., Yue, H., Zhang, J., & Liu, Z. (2025) · Mathematics · doi:10.3390/math13172834 · Cited by 2 · see citing works
Analysis and Prediction Evaluation of Provincial Carbon Emissions Under Multi-Model Fusion
Liu, K. G., Ren, H., Lu, S., Shang, X., Liu, Z., & Yu, B. (2026) · Sustainability · doi:10.3390/su18052545 · Cited by 1 · see citing works
Bein, M. A. (2026) · Sustainable Development · doi:10.1002/sd.71282 · Cited by 1 · see citing works
Price and output elasticities of industrial energy demand in new EU Member States
Ščasný, M., Evžen Kočenda, A., Eshun, S. F., & Okwoche, P. U. (2026) · Economic Systems · doi:10.1016/j.ecosys.2026.101423 · Cited by 1 · see citing works
Do common shocks drive changes in aggregate emissions intensity?
Ren, X., Marotta, F., & Lafond, F. (2026) · Journal of Environmental Economics and Management · doi:10.1016/j.jeem.2026.103384
DİLBER, C. (2025) · Maliye Finans Yazıları · doi:10.33203/mfy.1709946
Bouzaidi, T. D. (2025) · International Journal of Apllied Mathematics · doi:10.12732/ijam.v38i9s.1167
Morality-Driven Mechanism Design: Application in Hierarchical Carbon Trading Markets
Liu, R., Zhang, Y., Qu, Y., Gao, L., Xiang, Y., Gao, S., & Luan, T. H. (2025) · IEEE Internet of Things Journal · doi:10.1109/jiot.2025.3613567
Zhao, F., & Tang, C. F. (2025) · Malaysian Journal of Economic Studies · doi:10.22452/mjes.vol62no2.1
Can the performance, achieve, and trade scheme help Indian manufacturing achieve its net-zero goal?
Bagchi, P., & Sahu, S. K. (2026) · Economic Change and Restructuring · doi:10.1007/s10644-026-09992-6
Impact of carbon revenue on EU gross domestic product
Žukauskienė, J., & Snieška, V. (2026) · Transformations In Business & Economics · doi:10.15388/tibe.2026.25.1.7
Li, S.-E., Xie, H., Chen, C., & Cheng, K. (2026) · International Review of Economics & Finance · doi:10.1016/j.iref.2026.105345
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The effect of pricing instruments on CO2 emissions: Empirical evidence from Australia
Kraynak, D., Timilsina, G., & Alberini, A. (2026) · Energy Economics · doi:10.1016/j.eneco.2026.109389
Carbon pricing and owner incentives for low-carbon investment in the Swiss rental housing marketPreprint
Lustenberger, N., Brändle, A., & Kachi, A. (2026) · SSRN Electronic Journal · doi:10.2139/ssrn.6849802
Industrial fuel demand and production technologies: evidence from emerging economies
Sharimakin, A., & Bello, S. (2026) · Journal of Industrial and Business Economics · doi:10.1007/s40812-026-00413-3
Rahman, M. L., Caram, R. L., Faruk, I., & Aziz, S. M. A. A. (2026) · ASCE International Airfield and Highway Pavements Conference · doi:10.1061/9780784487037.051
Life Cycle Analyses of Plastic Road in Dhaka, Bangladesh
Caram, R. L., Aziz, S. M. A. A., Rahman, M. L., Faruk, I., Sayeed, R., & Hossain, S. (2026) · ASCE International Conference on Transportation and Development (ICTD) · doi:10.1061/9780784487020.075
More-than-human economics for the age of humans
Nagatsu, M. (2026) · Journal of Economic Methodology · doi:10.1080/1350178x.2026.2686640
Climate Change and International Environmental Law: The Legal Implications of Global Agreements
Dewi, K., Aziz, S., & Ali, Z. (2026) · Rechtsnormen Journal of Law · doi:10.70177/rjl.v4i1.3430
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Modelling carbon price dynamics with jump-diffusion and higher-order hidden Markov switching
Chen, Z., Huang, Z., ZHANG, C., & Zhao, Y. (2026) · Applied Mathematical Modelling · doi:10.1016/j.apm.2026.117203
Parasher, C. (2026) · Journal of Economics Finance and Management Studies · doi:10.47191/jefms/v9-i7-42
Offshoring Pollution? The Impact of China’s Pilot Emission Trade Scheme on Offsite Investment
Lin, Y., & Kajisa, K. (2025) · NRE-DP Natural Resource Economics Discussion Papers · doi:10.17983/295360
Tran, B.-L., Huang, Y.-J., Tseng, W., & Chen, C. (2026) · Energy & Environment · doi:10.1177/0958305x261473473
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- Authors
- Rafaty, R., Dolphin, G., & Pretis, F.
- Affiliations
- University of Oxford (GB)
- University of Cambridge (GB)
- Corresponding author
- Rafaty, Ryan
- Venue
- Energy Economics
- Publisher
- Elsevier BV
- Published
- 2025-04
- Volume
- 144
- Pages
- 108298
- ISSN
- 0140-9883 (ISSN-L)
- OpenAlex
- W4407776618
- Cited by
- 26
- References
- 132
- Citations by year
- 2026: 15 · 2025: 11
- FWCI
- 24.01
- Type
- journal article
- Language
- en
- Open access
- closed
- Licence
- Locations
- Energy Economics (publishedVersion)
- Funders
- Nuffield College, University of Oxford
- University of Cambridge
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Climate Change Policy and Economics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Energy, Environment, Economic Growth
- Physical Sciences › Energy › Renewable Energy, Sustainability and the Environment › Energy, Environment, and Transportation Policies
- Keywords
- carbon pricing, emission reduction, Paris Agreement
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
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