This article finds that the introduction of a carbon tax increased short-run carbon emissions in an imperfectly … competitive wholesale electricity market. The unique feature of the Western Australian setting is that the same carbon tax was … incentive to exercise unilateral market power. Then, the opposite result is observed -- emissions were lower with the tax. I …

-neutral carbon tax on fossil fuels. The initial rate was set at $10/ton of CO2 which was then increased annually by $5 increments to … measure user reaction to the new tax. Exploiting the sample time series properties, we study the long run reaction via a … (ECM). Carbon tax saliency is interpreted as a short run phenomenon that shows up in the dynamic adjustment of the ECM. We …