Parry, Ian W.H.; Norregaard, John; Heine, Dirk - In: Annual Review of Resource Economics 4 (2012) 1, pp. 101-125
On the basis of the environmental tax literature, this article recommends a system of upstream taxes on fossil fuels, combined with refunds for downstream emissions capture, to reduce carbon and local pollution emissions. Motor fuel taxes should also account for congestion and other...