Does unilateral climate change policy cause companies to shift the location of production, thereby creating carbon leakage? In this paper, the authors analyse the effect of the European Union Emissions Trading System (EU ETS) on the geographical distribution of carbon emissions of multinational companies.

The research finds a correlation to the higher incidence of infant mortality when mothers and babies live within five kilometers of the roads, likely because of exposure to toxic materials used, transported and dumped during their construction, according to economists at Queen Mary University of London (QMUL) and Trinity College Dublin (TCD).