Cement and Carbon Taxes: A Chat with Marcel Olbert and Daniel Klein
Episode description
Jeff and Scott chat with Marcel Olbert, assistant professor of accounting at London Business School, and Daniel Klein, assistant to the CFO at Heidelberg Materials. They discuss carbon taxes, and a new paper Marcel has on carbon leakage. They also discuss how carbon taxes and leakage affect Heidelberg Materials, one of the largest producers of cement in the world. Cement production contributes an enormous amount of carbon into the atmosphere, and so it is very sensitive to carbon taxation.
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