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Introduction to Carbon Pricing

Introduction to Carbon Pricing Reading A reading by the World Bank Group that introduces what is carbon pricing and discusses the link between carbon pricing and climate change policies. The reading includes sections on Main types of carbon pricing International carbon pricing Regional, national and subnational carbon pricing Internal carbon pricing How to do carbon […]

Overview of Carbon Pricing

Overview of Carbon Pricing Audio An audio conversation with Christopher Knittel, MIT, about carbon pricing and its impact on individual lifestyle. This audio podcast looks at the complexities of carbon pricing, its type, approximate individual cost and public policy around it. Students will learn about the basics of carbon pricing and be introduced to carbon […]

Air Travel and Carbon Offset

Air Travel and Carbon Offset Audio/Reading A short audio and reading by MPR News on ‘Carbon Offset’ that gives an overview of what carbon offsets mean and how you can purchase them. It talks about the emission reduction that is linked to the travel industry through the principle of carbon credit. Students will learn about […]

Carbon Pricing: Shadow and Market Prices

Impact of Climate Change on Carbon Pricing: Shadow and Market Prices Overview As an undergraduate Economics teacher, you can use this set of computer-based tools to teach the concept of Carbon Pricing and the instruments to implement it- Carbon Tax and Cap-and-Trade/Emissions Trading System (ETS). This lesson plan includes a resource to help students understand […]

Post-pandemic Economic Policies

Post-pandemic Economic Policies Reading A reading by Carbon Brief explaining how countries around the world design economic policies for a ‘green recovery’ from the recession due to the COVID-19 pandemic, by reducing carbon emissions while boosting their economies. Students will be introduced to terms such as green recovery, green stimulus, and quantitative easing, among others. […]

Global Warming- A Negative Externality

Global Warming- A Negative Externality Video A short video by Hoesung Lee, Korea University and vice-chair of the Intergovernmental Panel on Climate Change (IPCC) on carbon pricing and climate change. The video discusses the importance of putting a price on carbon emissions and related activities since climate change is an example of a global externality. […]

The Global Climate Change Game

The Global Climate Change Game Classroom/Laboratory Activity An interactive classroom activity ‘The Global Climate Change Game’ by James Copestake and Tom Ellum, University of Bath, that applies theoretical economic concepts in the context of climate change. The game involves role-play by students to understand.international climate change negotiations between countries influenced by ethics and morals. The […]

Pollution Permits and Opportunity Costs

Pollution Permits and Opportunity Costs Reading A reading by Holt et al. in the International Review of Economics Education, provided by The Economics Network, UK, that can be used for a classroom/laboratory activity to teach your students to identify and account for opportunity costs in production decisions. Students will learn about opportunity costs and tradable […]

Stern Review: The Economics of Climate Change Part 4

Stern Review: The Economics of Climate Change Part 4 Reading A reading from the ‘Stern Review: The Economics of Climate Change’ by economist Nicholas Stern for the Government of the United Kingdom which looks at policy response to climate change. Some of the main policies discussed in this reading are carbon pricing, technology advancement, and […]

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