Climate
Research in this area analyses climate policy design and its impacts on emissions, the macroeconomy, production sectors and households. It also estimates the economic and distributional impacts of physical climate change impacts. Much of the research focuses on the development, application and linking of the Ireland Environment, Energy and Economy (I3E) model. Research topics include: carbon pricing, revenue recycling, fossil fuel subsidies, climate impacts, adaptation and consumption based emissions.
This paper explores the sectoral, economic, environmental and distributional impacts of several aviation taxation options, including taxing the aviation commodity (passenger tax and value-added tax) or taxing the aviation fuel (kerosene taxation, removal of ETS allowances).
Transitioning to a low-carbon economy requires undertaking massive investment expenditures. However, the cost of not transitioning to a low-carbon economy is often forgotten. This report aims to quantify the cost of decarbonisation inaction.
