manufacturers are able to impose costs, particularly pollution or disposal costs, onto third parties. As a result, the actual social …

complementary taxation of carbon emissions and local air pollution. We quantify results for the European power market until 2050 …. Taxing only air pollution results in social cost of 5,890 billion € and fosters nuclear deployment. Taxing only carbon yields … taxation can be complementary to a primary policy of air pollution abatement. On the contrary, a primary policy of …