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Reflections on the International Coordination of Carbon Pricing

Parry, Ian - 2021

The efficiency effects of carbon pricing depend on how it impacts distortions in fossil fuel markets, most notably from local air pollution externalities. By offsetting these distortions, carbon pricing may generate significant net economic benefits, so it is in countries own interests to...

Persistent link: https://www.econbiz.de/10013315495

Public Policies Against Global Warming

Sinn, Hans-Werner - 2013

Judged by the principle of intertemporal Pareto optimality, insecure property rights and the greenhouse effect both imply overly rapid extraction of fossil carbon resources. A gradual expansion of demand-reducing public policies - such as increasing ad-valorem taxes on carbon consumption or...

Persistent link: https://www.econbiz.de/10012753836

Carbon Pricing in the EU : Evaluation of Different EU ETS Reform Options

Brink, Corjan - 2015

This paper studies various options to support allowance prices in the EU Emissions Trading System (ETS), such as adjusting the cap, an auction reserve price, and fixed and variable carbon taxes in addition to EU ETS. We use a dynamic computable general equilibrium model that explicitly allows...

Persistent link: https://www.econbiz.de/10013009840

How Much Carbon Pricing is in Countries' Own Interests? The Critical Role of Co-Benefits

Parry, Ian - 2014

This paper calculates, for the top twenty emitting countries, how much pricing of carbon dioxide (CO<sub>2</sub>) emissions is in their own national interests due to domestic co-benefits. On average, nationally efficient prices are substantial, $57.5 per ton of CO<sub>2</sub> (for year 2010), reflecting primarily...

Persistent link: https://www.econbiz.de/10013045322

Carbon Tariffs : An Analysis of the Trade, Welfare and Emission Effects

Larch, Mario - 2015

restore competitiveness, avoid carbon leakage, and reduce world carbon emissions. We analyze the effects of carbon tariffs on … massively shifted from these countries to industrialized countries and world carbon emissions decrease by 0.83 percent, with a … percent of the change on average, two thirds of the world reduction are due to the world scale effect …

Persistent link: https://www.econbiz.de/10013034209

Carbon Tariffs Revisited

Boehringer, Christoph - 2014

Concerns about adverse impacts on domestic energy-intensive and trade-exposed (EITE) industries are at the fore of the political debate about unilateral climate policies. Tariffs on the carbon embodied in imported goods from countries without emission pricing appeal as a measure to reduce carbon...

Persistent link: https://www.econbiz.de/10013055363

EU-Type Carbon Emissions Trade and the Distributional Impact of Overlapping Emissions Taxes

Eichner, Thomas; Pethig, Rudiger - 2021

The European Union fulfills its emissions reductions commitments by means of an emissions trading scheme covering some part of each member state's economy and by national emissions control in the rest of their economies. The member states also levy energy/emissions taxes overlapping with the...

Persistent link: https://www.econbiz.de/10013316392

Efficient CO2 Emissions Control with National Emissions Taxes and International Emissions Trading

Eichner, Thomas; Pethig, Rudiger - 2021

In a group of countries like the European Union all countries seek to achieve their national CO2 emissions target by a joint emissions trading scheme covering some part of their economies (trading sector) and by a national emissions tax in the rest of their economies (nontrading sector)....

Persistent link: https://www.econbiz.de/10013317104

Mitigating Carbon Leakage : Combining Output-Based Rebating with a Consumption Tax

Boehringer, Christoph - 2015

Unilateral climate policy induces carbon leakage through the relocation of emission-intensive and trade-exposed industries to regions with no or more lenient emission regulation. Both analytical and numerical studies suggest that emission pricing combined with border carbon adjustments may be a...

Persistent link: https://www.econbiz.de/10013018203

Addressing the Climate Problem : Choice between Allowances, Feed-In Tariffs and Taxes

Amundsen, Eirik S. - 2018

Instruments chosen to pursue climate related targets are not always efficient. In this paper we consider an economy with three climate related targets for its electricity generation: a given share of “green” electricity, a given expansion of “green” electricity, and a given reduction of...

Persistent link: https://www.econbiz.de/10012920348

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