Carbon taxes from an economic perspective

"Economic literature generally favours market-based instruments for regulating environmental externalities since they ensure compliance at the least cost to society. Emission taxes have been increasingly introduced internationally, with the focus shifting to CO2 after the adoption of the Kyoto...

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Main Authors: Österreichisches Institut für Wirtschaftsforschung, Vienna, Kettner-Marx, Claudia, Kletzan-Slamanig, Daniela
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Vienna 2018
WIFO
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19398945124911161279-Carbon-taxes-from-an-economic-.htm
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author Österreichisches Institut für Wirtschaftsforschung, Vienna
Kettner-Marx, Claudia
Kletzan-Slamanig, Daniela
author_facet Österreichisches Institut für Wirtschaftsforschung, Vienna
Kettner-Marx, Claudia
Kletzan-Slamanig, Daniela
collection Library items
description "Economic literature generally favours market-based instruments for regulating environmental externalities since they ensure compliance at the least cost to society. Emission taxes have been increasingly introduced internationally, with the focus shifting to CO2 after the adoption of the Kyoto Protocol in 1997. In this paper, the theoretical economic literature on energy and emission taxes is reviewed. The focus is on theoretical recommendations regarding the optimal design of environmental and especially carbon taxes, their performance relative to other instruments, the concept of a double dividend as well as potential competitiveness and distribution effects. Carbon taxation can play a key role in climate policy and for achieving long-term emission reductions. This overview of economic considerations may help in creating a sustainable, effective and efficient regulatory system for reducing emissions."
format TEXT
id 19398945124911161279_9bc3f53635654b0cbfa5c7676f8584e2
institution ETUI-European Trade Union Institute
is_hierarchy_id 19398945124911161279_9bc3f53635654b0cbfa5c7676f8584e2
is_hierarchy_title Carbon taxes from an economic perspective
language English
physical 15 p.
Digital
publishDate 2018
publisher Vienna
WIFO
spellingShingle Österreichisches Institut für Wirtschaftsforschung, Vienna
Kettner-Marx, Claudia
Kletzan-Slamanig, Daniela
climate change
taxation
gas emission
environment
sustainable development
economic policy
economic implication
Carbon taxes from an economic perspective
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=132225795040
title Carbon taxes from an economic perspective
topic climate change
taxation
gas emission
environment
sustainable development
economic policy
economic implication
url https://www.labourline.org/KENTIKA-19398945124911161279-Carbon-taxes-from-an-economic-.htm