The economics of the carbon tax: Environmental performance, sustainable energy, and green financial behavior

Abstract

This paper analyzes the outcomes of an exploratory review of the current research on the economics of the carbon tax. The data used for this study was obtained and replicated from previous research conducted by GMU/CCCC, Kotchen et al. (2017), Mainstreet, NYU Institute for Policy Integrity, Pew Research Center, Postmedia, SLU, Statista, and YP/CCC. I performed analyses and made estimates regarding the relationship between environmental performance, sustainable energy, and green financial behavior. Data collected from 5,200 respondents are tested against the research model by using structural equation modeling.