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We develop a model of optimal carbon taxation and redistribution taking into account horizontal equity concerns by considering heterogeneous energy efficiencies. By deriving first- and second-best rules for policy instruments including carbon taxes, transfers and energy subsidies, we then...
Persistent link: https://www.econbiz.de/10012600155
-fired generation. Despite the ETS, Kazakhstan's CO2 emissions and CO2 emissions intensity of its power sector continued to grow. Power … sector investment and prices declined while CO2 emissions intensity of GDP reversed its downward trend. To increase ETS …
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We develop a model of optimal carbon taxation and redistribution taking into account horizontal equity concerns by considering heterogeneous energy efficiencies. By deriving first- and second-best rules for policy instruments including carbon taxes, transfers and energy subsidies, we then...
Persistent link: https://www.econbiz.de/10012485343
Persistent link: https://www.econbiz.de/10012138179
impacts on emissions across countries. The same carbon price has an asymmetric effect on emissions and welfare. Alternatively … of a 55 % reduction in carbon emissions by 2030. This study contributes to the debate around the European Green Deal by … Union itself. We discuss four policy targets consistent with a 55 % emissions cut by 2030, using carbon prices as the main …
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