Direkt zum Inhalt

Pigou’s Advice and Sisyphus’ Warning: Carbon Pricing with Non-Permanent Carbon-Dioxide Removal

Diskussionspapiere extern

Matthias Kalkuhl, Max Franks, Friedemann Gruner, Kai Lessmann, Ottmar Edenhofer

München: CESifo, 2022, 59 S.
(CESifo Working Papers ; 10169)


This paper estimates the effect of home high-speed internet on national test scores of students at age 14. We combine comprehensive information on the telecom network, administrative student records, house prices and local amenities in England in a fuzzy spatial regression discontinuity design across invisible telephone exchange catchment areas. Using this strategy, we find that increasing broadband speed by 1 Mbit/s increases test scores by 1.37 percentile ranks in the years 2005-2008. This effect is sizeable, equivalent to 5% of a standard deviation in the national score distribution, and not driven by other technological mediating factors or school characteristics.

Topics: Climate policy

JEL-Classification: D61;H23;Q54;Q58
Keywords: Carbon dioxide removal, carbon capture, social cost of carbon, climate policy, impermanence
Externer Link: