NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Coase, Hotelling and Pigou: The Incidence of a Carbon Tax and CO2 Emissions

Geoffrey Heal, Wolfram Schlenker

NBER Working Paper No. 26086
Issued in July 2019, Revised in June 2020

---- Acknowledgments ----

We are grateful for financial support under a SIPA faculty grant and to Soren Anderson and Jos├ęphine Gantois for helpful comments on this paper as well as seminar participants at Berkeley, Harvard, INRA, the NBER spring meeting, and PSE. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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