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Green fiscal reforms would contribute to climate change mitigation, increase the economic efficiency of national tax systems and provide additional public revenues. Some countries in Latin America have already taken first steps towards green fiscal reforms. This outlook article provides an...
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is one of the options being considered. Yet implementing such a policy comes with important risks related to the … effect that arises from such a policy under the EU Emissions Trading Scheme (ETS) cap. In this paper, we quantify these risks …. Accordingly, it is essential that the national price initiates a policy sequence that leads to the EU level. …
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characterize the relationship between climate and redistributional policy in an optimal taxation model that explicitly accounts for … inequality between and within countries. In particular, we demonstrate that climate and distributional policy cannot be separated …
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Introducing a price on greenhouse gas emissions would not only contribute to reducing the risk of dangerous anthropogenic climate change, but would also generate substantial public revenues. Some of these revenues could be used to cover investment needs for infrastructure providing access to...
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