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1. My JPAM 2000 paper documents that suburbanites drive more and consume more electricity than urban residents.
2. My 2011 JUE paper documents that center city liberal resident NIMBY zoning regulation has deflected more development to the suburbs where people live a high carbon life (see paper #1 above) and then oppose carbon pricing.
Tags » Economics Of Climate Change
Whatever impact the EU ETS has had, the US achieved similar results with no carbon market (and some might argue, with no climate policy at all. 11 more words