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This article focuses on the climate change policies that are needed to reduce the greenhouse gas emissions of the ultra-rich, primarily from superyachts, private jets, mega-mansions, and high-emission road vehicles. These are all goods for which demand is inelastic and therefore difficult to curb with Pigouvian policies. The article proposes a comparative analysis of the three main luxury-focused mitigation policies discussed in the literature: bans, luxury carbon taxation an

COP29 was supposed to hold developed countries to their climate justice responsibilities by committing them to an annual transfer of concess

In this article, I discuss whether, in addition to pricing emissions, we should prohibit a specific category of luxury emissions ...

What might a fair distribution of the NCQG burden entail? In light of this question, Fausto Corvino examines policies that shift the costs o

Trees Stock photos by Vecteezy: https://www.vecteezy.com/free-photos/trees Over the past three years, a number of philosophers and...

It is estimated that there are around 12,000 superyachts in circulation, defined as private yachts over 24 metres (the vast majority of ...

The era of low-cost air travel in Europe may be over for good, thanks in part to recent EU environmental policies. All in all, this is ...