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When Can Carbon Abatement Policies Increase Welfare? The Fundamental Role of Distorted Factor Markets
Parry, Ian W. H.; Williams, Roberton C.; Goulder, … - 2021
This paper employs analytical and numerical general equilibrium models to assess the efficiency impacts of two policies … put the carbon quota at a signficant efficiency disadvantage relative to the carbon tax: the costs of reducing emissions …. Indeed, second-best considerations severely limit the potential of a carbon quota to general overall efficiency gains. Under …
Persistent link: https://www.econbiz.de/10013232008
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When Can Carbon Abatement Policies Increase Welfare? The Fundamental Role of Distorted Factor Markets
Parry, Ian W. H. - 1997
This paper employs analytical and numerical general equilibrium models to assess the efficiency impacts of two policies … put the carbon quota at a signficant efficiency disadvantage relative to the carbon tax: the costs of reducing emissions …. Indeed, second-best considerations severely limit the potential of a carbon quota to general overall efficiency gains. Under …
Persistent link: https://www.econbiz.de/10012472854
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When Can Carbon Abatement Policies Increase Welfare? The Fundamental Role of Distorted Factor Markets
Parry, Ian W. H.; Williams, Roberton C.; Goulder, … - 2014
This paper employs analytical and numerical general equilibrium models to assess the efficiency impacts of two policies … carbon quota at a significant efficiency disadvantage relative to the carbon tax: the costs of reducing emissions by 10 per …-best considerations severely limit the potential of a carbon quota to generate overall efficiency gains. Under our central estimates, a …
Persistent link: https://www.econbiz.de/10014068826
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Third-best carbon taxation : trading off emission cuts, equity, and efficiency
Ploeg, Frederick van der; Rezai, Armon; Tovar Reaños, … - 2024
Persistent link: https://www.econbiz.de/10015048333
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Economic and environmental impacts of a carbon adder in New York
Akɪn-Olçum, Gökçe; Böhringer, Christoph; … - 2019
New York is considering additional emission regulation on top of its obligations under the Regional Greenhouse Gas Initiative (RGGI) to achieve its State Energy Plan targets. The proposed measure is a so-called "carbon adder" on CO2 emissions from the power sector which is set as the difference...
Persistent link: https://www.econbiz.de/10012098228
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A carbon horse race : abatement subsidies vs. permit trading in Switzerland
Hintermann, Beat; Zarkovic, Maja - 2020
Swiss climate policy consists of three regulatory instruments for greenhouse gas emissions reduction: A CO 2 levy, the Swiss Emissions Trading System (CH EHS), and an additional nonEHS" program for medium-sized plants that consists of command-and-control elements plus a sizeable abatement...
Persistent link: https://www.econbiz.de/10012234520
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Multiple pollutants, uncovered sectors, and suboptimal environmental policies
Fullerton, Don; Karney, Dan - 2014
In our analytical general equilibrium model where two polluting inputs can be substitutes or complements in production, we study the effects of a tax on one pollutant in two cases: one where both pollutants face taxes and the second where the other pollutant is subject to a permit policy. In...
Persistent link: https://www.econbiz.de/10010383371
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Robust policies against emission leakage : the case for upstream subsidies
Fischer, Carolyn; Greaker, Mads; Rosendahl, Knut Einar - 2014
Asymmetric regulation of a global pollutant between countries can alter the competitiveness of industries and lead to emissions leakage, which hampers countries' welfare. In order to limit leakage, governments consider supporting domestic trade exposed firms by subsidizing their investments in...
Persistent link: https://www.econbiz.de/10010340277
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WSU CGE analysis of carbon WA : technical documentation
Nadreau, Timothy P. - 2016
Persistent link: https://www.econbiz.de/10011491066