Böhringer, Christoph; Fischer, Carolyn; Rivers, Nicholas - 2022 - Current Draft: May 2022
Carbon pricing policies worldwide are increasingly coupled with direct or indirect subsidies where emissions pricing … outputbased rebating, abatement-based rebating, and lump sum rebating. Given the same emission price, intensity-based output …, and output-based rebating puts the least pressure on output (and emissions); intensitybased emissions rebating lies in …