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

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  • Msefula, Griffin
  • Hou, Tony Chieh-Tse
  • Lemesi, Tina

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.

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  • Msefula, Griffin & Hou, Tony Chieh-Tse & Lemesi, Tina, 2024. "Dynamics of legal structure and geopolitical influence on carbon tax in response to green transportation," Applied Energy, Elsevier, vol. 371(C).
    • Handle: RePEc:eee:appene:v:371:y:2024:i:c:s0306261924010651
    DOI: 10.1016/j.apenergy.2024.123682
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