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Pricing carbon in a multi-sector economy with social discounting
Kalsbach, Oliver; Rausch, Sebastian - 2021
Economists tend to view a uniform emissions price as the most cost-effective approach to reducing greenhouse gas emissions. This paper offers a different view, focusing on economies where society values the well-being of future generations more than private actors. Employing analytical and...
Persistent link: https://www.econbiz.de/10012596760
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Between- and within-country distributional impacts from harmonizing carbon prices in the EU
Fredriksson, Gustav; Landis, Florian; Rausch, Sebastian - 2021
and EU countries and (ii) using alternative rules for carbon revenue distribution. We develop a numerical multi …-country multi-sector general equilibrium model of the EU-27 economy which resolves household income deciles, based on micro …-survey data on expenditure and income, and markets for fossil fuels, electricity, and (EU-wide and national) tradeable emissions …
Persistent link: https://www.econbiz.de/10012619003