The Case For A Carbon Tax Download Ebook PDF Epub Online

Author : Shi-Ling Hsu
Publisher : Island Press
Release : 2012-06-22
Page : 248
Category : Political Science
ISBN 13 : 1610911784
Description :


There's a simple, straightforward way to cut carbon emissions and prevent the most disastrous effects of climate change-and we're rejecting it because of irrational political fears. That's the central argument of The Case for a Carbon Tax, a clear-eyed, sophisticated analysis of climate change policy. Shi-Ling Hsu examines the four major approaches to curbing CO2: cap-and-trade; command and control regulation; government subsidies of alternative energy; and carbon taxes. Weighing the economic, social, administrative, and political merits of each, he demonstrates why a tax is currently the most effective policy. Hsu does not claim that a tax is the perfect or only solution-but that unlike the alternatives, it can be implemented immediately and paired effectively with other approaches. In fact, the only real barrier is psychological. While politicians can present subsidies and cap-and-trade as "win-win" solutions, the costs of a tax are immediately apparent. Hsu deftly explores the social and political factors that prevent us from embracing this commonsense approach. And he shows why we must get past our hang-ups if we are to avert a global crisis.


Author : Shi-Ling Hsu
Publisher : Island Press
Release : 2012-04-15
Page : 236
Category : Science
ISBN 13 : 9781597262354
Description :


There's a simple, straightforward way to cut carbon emissions-and we're rejecting it because of irrational political fears. That's the central argument of The Case for a Carbon Tax, a clear-eyed, sophisticated analysis of climate change policy. Shi-Ling Hsu weighs the merits of the four major approaches to curbing CO2: cap-and-trade; command and control regulation; government subsidies of alternative energy; and carbon taxes. He does not claim that a tax is the perfect or only solution-but that unlike the alternatives, it can be implemented immediately and paired effectively with other approaches. Hsu deftly explores the social and political factors that prevent us from embracing this commonsense approach. And he shows why we must get past our hang-ups if we are to avert a global crisis.


Author : Thomas J. Courchene
Publisher :
Release : 2008
Page : 16
Category : Carbon taxes
ISBN 13 :
Description :



Author : Gilbert E. Metcalf
Publisher : Oxford University Press, USA
Release : 2019-01-10
Page : 200
Category : Business & Economics
ISBN 13 : 019069419X
Description :


Climate change : what's the big deal? -- Business as usual : what are the costs? -- Why do economists like a carbon tax? -- Isn't there a better way? (No, there isn't) -- Cap and trade : the other way to price pollution -- What to do with $200 billion : give it back -- So you want a carbon tax : how do you design it? -- Objections to a carbon tax -- Enacting a carbon tax: how do we get there? -- Afterword : what next? -- References -- Notes


Author :
Publisher :
Release : 1960
Page :
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Author : Nicholas Rivers
Publisher :
Release : 2015
Page : 27
Category : Carbon taxes
ISBN 13 :
Description :


"There is ... some recent optimism around an (old) approach that turns the historic approach to climate change negotiations on its head: rather than waiting for a worldwide agreement before undertaking significant emission reductions at home, an alternative approach would use domestic climate policies as a springboard for coordinating international action. Under such an approach, some countries would unilaterally implement modest but meaningful climate change mitigation policies. These policy statements would include escalators - promises to increase the ambition of the policy under the condition that other countries also undertake meaningful policies to reduce emissions. Such an approach would focus on the actions which government is directly able to control - its policies - and de-emphasize commitments focused on the level of emissions, over which government has less direct control. Additionally an approach beginning with unconditional unilateral emission reductions could help to foster increased trust in international climate negotiations, and could encourage other countries to follow suit. If escalation clauses were built into domestic climate policies, the result could be a gradual tightening of global emissions constraints. Such a bottom-up approach may help to ease the deadlock in international climate negotiations."--


Author : James K. Boyce
Publisher : John Wiley & Sons
Release : 2019-07-20
Page : 140
Category : Political Science
ISBN 13 : 1509526587
Description :


The supreme challenge of our time is tackling climate change. We urgently need to curtail our use of fossil fuels – but how can we do so in a just and feasible way? In this compelling book, leading economist James Boyce shows that the key to solving this conundrum is to put a limit on carbon emissions, thereby raising the price of fossil fuels and generating strong incentives for clean energy. But there is a formidable hurdle: how do we secure broad public support for a policy that increases fuel costs for consumers? Boyce powerfully argues that carbon pricing can be made just and politically durable only if linked to returning the revenue to the public as carbon dividends. Founded on the principle that the gifts of nature belong to us all, not to corporations or governments, this bold reform could spark a twenty-first-century clean energy revolution. Essential reading for all concerned citizens, policy-makers, and students of public policy and environmental economics, this book will be a transformative contribution to one of the most important policy debates of our era.


Author : Thomas J. Courchene
Publisher :
Release : 2008
Page : 22
Category : Carbon taxes
ISBN 13 :
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Author :
Publisher :
Release : 2019
Page : 17
Category : Electronic books
ISBN 13 :
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Author : Ian Parry
Adele Morris
Publisher : Routledge
Release : 2015-02-11
Page : 264
Category : Business & Economics
ISBN 13 : 1317602080
Description :


Although the future extent and effects of global climate change remain uncertain, the expected damages are not zero, and risks of serious environmental and macroeconomic consequences rise with increasing atmospheric greenhouse gas concentrations. Despite the uncertainties, reducing emissions now makes sense, and a carbon tax is the simplest, most effective, and least costly way to do this. At the same time, a carbon tax would provide substantial new revenues which may be badly needed, given historically high debt-to-GDP levels, pressures on social security and medical budgets, and calls to reform taxes on personal and corporate income. This book is about the practicalities of introducing a carbon tax, set against the broader fiscal context. It consists of thirteen chapters, written by leading experts, covering the full range of issues policymakers would need to understand, such as the revenue potential of a carbon tax, how the tax can be administered, the advantages of carbon taxes over other mitigation instruments and the environmental and macroeconomic impacts of the tax. A carbon tax can work in the United States. This volume shows how, by laying out sound design principles, opportunities for broader policy reforms, and feasible solutions to specific implementation challenges.


Author : Mikael Skou Andersen
Paul Ekins
Publisher : OUP Oxford
Release : 2009-10-29
Page : 352
Category : Political Science
ISBN 13 : 0191610089
Description :


When taxes are introduced on carbon and energy, and the revenue is used to reduce other taxes, will a positive effect be achieved both for the environment and for the economy? In 1990 Finland was the first country to introduce a tax on CO2. Later, Sweden, Denmark, Netherlands, Slovenia, Germany and the UK followed suit with tax reforms that shifted taxation from labour to carbon and energy. Over the years, CO2 and energy taxes have gradually been raised, so that in Europe taxes of more than 25 billion Euros a year have been shifted. This book examines carbon-energy taxation in detail and looks at tax shifting programmes for lowering other taxes. It offers extensive analysis on the basis of historical data and seeks to answer important questions for policy-making, such as: What was the impact of tax shifting for economic performance and competitiveness? By how much were emissions of CO2 reduced? Could energy-intensive industries cut further down on their fuel demand or did they loose market shares? To what extent was there 'leakage' from Europe, so that production and CO2 emissions were shifted to other countries or regions without CO2-abatement policy? The use of unique and original data, including sector-specific energy prices and taxes, as well as the use of advanced statistical techniques, such as co-integration analysis and panel-regression techniques along with the time-series estimated macro-economic model E3ME, make this a truly comprehensive volume. On the basis of the lessons learned in Europe, this volume indicates how carbon-energy taxation could usefully be combined with emissions trading, and discusses implications for future international climate policy, including how the IPCC recommendations for a gradual escalation in carbon price could be accomplished while preventing carbon leakage.


Author : Zandile Ndebele
Publisher :
Release : 2016
Page : 116
Category : Carbon taxes
ISBN 13 :
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Author : Mark Jaccard
Publisher : Cambridge University Press
Release : 2020-02-06
Page : 304
Category : Business & Economics
ISBN 13 : 1108479375
Description :


Shows readers how we can all help solve the climate crisis by focusing on a few key, achievable actions.


Author : Ruud A. de Mooij
Mr. Michael Keen
Publisher : International Monetary Fund
Release : 2012-06-15
Page : 218
Category : Business & Economics
ISBN 13 : 1475508387
Description :


Efforts to control atmospheric accumulations of greenhouse gases that threaten to heat up the planet are in their infancy. Although the IMF is not an environmental organization, environmental issues matter for the organization's mission when they have major implications for macroeconomic performance and fiscal policy. Climate change clearly passes both these tests. This volume provides practical guidelines for the design of fiscal policies (carbon taxes and emissions trading systems with allowance auctions) to reduce greenhouse gases. Not only are these instruments potentially the most effective at exploiting emission reduction opportunities in the near and longer term, but they can also generate for many countries a valuable new source of government revenue. The chapters, written by leading experts, explain the case for fiscal policies over other approaches; how these policies can be implemented; reasonable levels for emissions prices; policies for the forest sector; appropriate policy for developing countries; the most promising fiscal instruments for climate finance; and lessons to be drawn from prior policy experience. This is essential reading for policymakers in finance and environment ministries in developed and developing countries alike, and others grappling with balancing environmental and development concerns.


Author : Dale W. Jorgenson
Richard J. Goettle
Publisher : MIT Press
Release : 2013-11-29
Page : 640
Category : Business & Economics
ISBN 13 : 0262318571
Description :


A rigorous and innovative approach for integrating environmental policies and fiscal reform for the U.S. economy. Energy utilization, especially from fossil fuels, creates hidden costs in the form of pollution and environmental damages. The costs are well documented but are hidden in the sense that they occur outside the market, are not reflected in market prices, and are not taken into account by energy users. Double Dividend presents a novel method for designing environmental taxes that correct market prices so that they reflect the true cost of energy. The resulting revenue can be used in reducing the burden of the overall tax system and improving the performance of the economy, creating the double dividend of the title. The authors simulate the impact of environmental taxes on the U.S. economy using their Intertemporal General Equilibrium Model (IGEM). This highly innovative model incorporates expectations about future prices and policies. The model is estimated econometrically from an extensive 50-year dataset to incorporate the heterogeneity of producers and consumers. This approach generates confidence intervals for the outcomes of changes in economic policies, a new feature for models used in analyzing energy and environmental policies. These outcomes include the welfare impacts on individual households, distinguished by demographic characteristics, and for society as a whole, decomposed between efficiency and equity.


Author : Peter Cramton
David JC MacKay
Publisher : MIT Press
Release : 2017-06-16
Page : 268
Category : Business & Economics
ISBN 13 : 0262340399
Description :


Why the traditional “pledge and review” climate agreements have failed, and how carbon pricing, based on trust and reciprocity, could succeed. After twenty-five years of failure, climate negotiations continue to use a “pledge and review” approach: countries pledge (almost anything), subject to (unenforced) review. This approach ignores everything we know about human cooperation. In this book, leading economists describe an alternate model for climate agreements, drawing on the work of the late Nobel laureate Elinor Ostrom and others. They show that a “common commitment” scheme is more effective than an “individual commitment” scheme; the latter depends on altruism while the former involves reciprocity (“we will if you will”). The contributors propose that global carbon pricing is the best candidate for a reciprocal common commitment in climate negotiations. Each country would commit to placing charges on carbon emissions sufficient to match an agreed global price formula. The contributors show that carbon pricing would facilitate negotiations and enforcement, improve efficiency and flexibility, and make other climate policies more effective. Additionally, they analyze the failings of the 2015 Paris climate conference. Contributors Richard N. Cooper, Peter Cramton, Ottmar Edenhofer, Christian Gollier, Éloi Laurent, David JC MacKay, William Nordhaus, Axel Ockenfels, Joseph E. Stiglitz, Steven Stoft, Jean Tirole, Martin L. Weitzman


Author : Richard Conniff
Publisher : Yale University Press
Release : 2016-01-01
Page : 331
Category : Natural history
ISBN 13 : 0300211635
Description :


A gripping tale of 150 years of scientific adventure, research, and discovery at the Yale Peabody Museum This fascinating book tells the story of how one museum changed ideas about dinosaurs, dynasties, and even the story of life on earth. The Yale Peabody Museum of Natural History, now celebrating its 150th anniversary, has remade the way we see the world. Delving into the museum's storied and colorful past, award-winning author Richard Conniff introduces a cast of bold explorers, roughneck bone hunters, and visionary scientists. Some became famous for wresting Brontosaurus, Triceratops, and other dinosaurs from the earth, others pioneered the introduction of science education in North America, and still others rediscovered the long-buried glory of Machu Picchu. In this lively tale of events, achievements, and scandals from throughout the museum's history. Readers will encounter renowned paleontologist O. C. Marsh who engaged in ferocious combat with his "Bone Wars" rival Edward Drinker Cope, as well as dozens of other intriguing characters. Nearly 100 color images portray important figures in the Peabody's history and special objects from the museum's 13-million-item collections. For anyone with an interest in exploring, understanding, and protecting the natural world, this book will deliver abundant delights.


Author : Thomas C. Schelling
Publisher : Oxford University Press
Release : 2012-01-26
Page : 279
Category : Business & Economics
ISBN 13 : 0199692874
Description :


An overview of the fundamental political and economic processes driving climate change policy that highlights the work of Nobel Laureate Tom Schelling. It identifies the institutional arrangements needed to design more effective policy and examines the ethical arguments that are critical to understanding and framing the climate debate.


Author : Scott Barrett
Publisher : OUP Oxford
Release : 2003-01-09
Page : 446
Category :
ISBN 13 : 9780191531446
Description :


Environmental problems like global climate change and stratospheric ozone depletion can only be remedied if states cooperate with one another. But sovereign states usually care only about their own interests. So states must somehow restructure the incentives to make cooperation pay. This is what treaties are meant to do. A few treaties, such as the Montreal Protocol on Substances that Deplete the Ozone Layer, succeed. Most, however, fail to alter the state behaviour appreciably. This book develops a theory that explains both the successes and the failures. In particular, the book explains when treaties are needed, why some work better than others, and how treaty design can be improved. The best treaties strategically manipulate the incentives states have to exploit the environment, and the theory developed in this book shows how treaties can do this. The theory integrates a number of disciplines, including economics, political science, international law, negotiation analysis, and game theory. It also offers a coherent and consistent approach. The essential assumption is that treaties be self-enforcing-that is, individually rational, collectively rational, and fair. The book applies the theory to a number of environmental problems. It provides information on more than three hundred treaties, and analyses a number of case studies in detail. These include depletion of the ozone layer, whaling, pollution of the Rhine, acid rain, over-fishing, pollution of the oceans, and global climate change. The essential lesson of the book is that treaties should not just tell countries what to do. Treaties must make it in the interests of countries to behave differently. That is, they must restructure the underlying game. Most importantly, they must create incentives for states to participate in a treaty and for parties to comply.


Author : Sjak Smulders
Herman R. J. Vollebergh
Publisher :
Release : 1999
Page : 62
Category : Carbon taxes
ISBN 13 :
Description :


This paper explores the trade-off between incentive effects and administrative costs associated with the implementation of various environmental tax instruments, with special reference to carbon taxes. In a simple model, we show under what conditions it is optimal to use input rather than emission taxes to internalize environmental externalities. Mixed tax regimes are also studied. If linkage of emissions to inputs is close, if abatement possibilities are costly, and if administrative costs of emission taxes are high, emission taxes should not be introduced. It is shown that these conditions directly apply to current tax policies toward CO2 emissions in several European countries that harness pre-existing energy taxes. First, there is a one-to-one correspondence between carbon content of energy and CO2 emissions. Second, only few possibilities exist to abate CO2 emissions separately. Third, energy excises allow to save on administrative costs. Broadening the carbon tax base by removing certain widely-used exemptions for energy production (and possibly adding emission taxes or abatement subsidies for selected industries) is likely to increase incentives for carbon reduction without significant additional administrative costs