This study finds that a carbon tax could have some adverse impacts on GDP, inequality and household income. However, the impact is limited and could be reduced by using a well-designed revenue recycling scheme. The results come from research using the ESRI's environment, energy and economy (I3E)...

We construct carbon footprints from households' expenditure and employ the EASI demand system to simulate the distributional and environmental effects of a introducing a 'green VAT' in Ireland. For our analysis, we combine expenditure data from the Irish Household Budget Survey with data on...