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A public finance perspective on climate policy : six interactions that may enhance welfare
Siegmeier, Jan; Mattauch, Linus; Franks, Max; Klenert, David - 2015
Climate change economics mostly neglects sizeable interactions of carbon pricing with other fiscal policy instruments. Conversely, public finance typically overlooks the effects of future decarbonization efforts when devising instruments for the major goals of fiscal policy. We argue that such a...
Persistent link: https://www.econbiz.de/10010508515
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Feldstein meets George : land rent taxation and socially optimal allocation in economies with environmental externality
Nguyen Thang Dao; Edenhofer, Ottmar - 2018
production taxation can be used for environmental protection through investment in emission mitigation. We show that, for any … given target of stationary stock of pollution, the land rent taxation scheme leads to a higher steady state capital … is relatively high compared to the dirtiness of production, the land rent taxation also provides a higher steady state …
Persistent link: https://www.econbiz.de/10011809898