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Fiscal policy and climate change

Joint workshop of the ECB’s Fiscal Policies Division and the Climate Change Centre

Tuesday, 20 September 2022, Frankfurt am Main – by invitation only

The purpose of this workshop is to discuss how fiscal policy can effectively mitigate climate change, how climate change impacts public finances, and to investigate the interaction between monetary and fiscal policies in this context. Rick van der Ploeg (University of Oxford) will deliver a keynote speech.

Programme
8:30

Registration

9:00

Welcome

9:15

Session 1: Green fiscal policies on the expenditure side

Session chair: Oscar Arce, European Central Bank

 

Environmental subsidies to mitigate transition risk

Eric Jondeau, University of Lausanne

Discussant: Massimiliano Pisani, Banca d’Italia

10:15

Break

10:45

Session 2: Behavioural and distributional aspects of carbon taxation

Session chair: John Caruana, Central Bank of Malta

 

Households' energy demand and carbon taxation in Italy

Luciano Lavecchia, Banca d’Italia

Discussant: Jirka Slacalek, European Central Bank

11:45

The behavioral effects of carbon taxes - experimental evidence

Manuel Grieder, Zurich University of Applied Sciences

Discussant: Maria Sole Pagliari, Banque de France

12:45

Lunch

14:00

Keynote speech: Obstacles and the need for radical climate policies

Rick van der Ploeg, University of Oxford

Chair: Irene Heemskerk, European Central Bank

15:00

Break

15:30

Session 3: Global efficiency implications of carbon taxation

Session chair: Ettore Dorrucci, European Central Bank

 

On the geographic implications of carbon taxes

Bruno Conte, University of Bologna

Discussant: Mar Delgado Tellez, European Central Bank

16:30

The great carbon arbitrage

Alissa Kleinnijenhuis, Stanford University

Discussant: Patrick Grüning, Bank of Latvia

17:30

End of workshop

This programme may be subject to change without notice.

Time allocation: 30 minutes for each paper presenter, 15 minutes for each discussant, and 15 minutes for a general discussion.

Presentations will be posted on this webpage after the event.

General information

Venue

European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main

Conference language

English

Contacts

Organisers

  • Jacopo Cimadomo, DG Economics/Fiscal Policies
  • Marien Ferdinandusse, DG Economics/Fiscal Policies
  • Carolin Nerlich, Climate Change Centre
  • Simone Suckfüll, DG Economics/Fiscal Policies

Conference email

FiscalPolicy-ClimateChange@ecb.europa.eu