VoxEU Webcast

Carbon taxation and inflation. Evidence from Canada and Europe

Governments will need to impose more carbon taxes, but central banks need to deliver price stability. So what is the effect of these taxes on inflation and economic activity? New research examines three decades of data from Canada and Europe.
Read more about the research discussed and download the free discussion paper:
Vox Column: Carbon taxation and inflation, Maximilian Konradt and Beatrice Weder di Mauro, 28 July 2021
Discussion Paper: Konradt, M and Weder di Mauro, B. 2021. 'Carbon Taxation and Inflation: Evidence from the European and Canadian Experience', CEPR