Carbon Tax And Cap And Trade Tools
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| Author | : Nelson E. Burney |
| Publisher | : Nova Science Publishers |
| Total Pages | : 0 |
| Release | : 2010 |
| Genre | : Air quality management |
| ISBN | : 9781608761371 |
Global climate change is one of the nation's most significant long-term policy challenges. Human activities are producing increasingly large quantities of greenhouse gases, particularly CO2. The accumulation of those gases in the atmosphere is expected to have potentially serious and costly effects on regional climates throughout the world. Market-based mechanisms that limit greenhouse gases (GHG) emissions can be divided into two types: quantity control (cap and trade) and price control (carbon tax or fee). If policymakers had perfect information regarding the market, either a carbon tax or cap-and-trade program instrument could be designed to achieve the same outcome. Because this market ideal does not exist, preference for a carbon tax or a cap-and-trade program ultimately depends on which variable one wants to control -- emissions or costs. Both are estimated to increase the price of fossil fuels, which would ultimately be borne by consumers, particularly households. This book explores the comprehensive comparison, viability and policy considerations of using either a carbon tax or a cap-and-trade program to offset greenhouse gas emissions. This book consists of public documents which have been located, gathered, combined, reformatted, and enhanced with a subject index, selectively edited and bound to provide easy access.
| Author | : Barry G. Rabe |
| Publisher | : MIT Press |
| Total Pages | : 377 |
| Release | : 2018-04-20 |
| Genre | : Political Science |
| ISBN | : 0262346591 |
A political science analysis of the feasibility and sustainability of carbon pricing, drawing from North American, European, and Asian case studies. Climate change, economists generally agree, is best addressed by putting a price on the carbon content of fossil fuels—by taxing carbon, by cap-and-trade systems, or other methods. But what about the politics of carbon pricing? Do political realities render carbon pricing impracticable? In this book, Barry Rabe offers the first major political science analysis of the feasibility and sustainability of carbon pricing, drawing upon a series of real-world attempts to price carbon over the last two decades in North America, Europe, and Asia. Rabe asks whether these policies have proven politically viable and, if adopted, whether they survive political shifts and managerial challenges over time. The entire policy life cycle is examined, from adoption through advanced implementation, on a range of pricing policies including not only carbon taxes and cap-and-trade but also such alternative methods as taxing fossil fuel extraction. These case studies, Rabe argues, show that despite the considerable political difficulties, carbon pricing can be both feasible and durable.
| Author | : Gilbert E. Metcalf |
| Publisher | : Academic |
| Total Pages | : 201 |
| Release | : 2019 |
| Genre | : Business & Economics |
| ISBN | : 019069419X |
This book shows why a carbon tax is the most efficient and fair way to address the major cause of climate change. It explains how a carbon tax reform can help low-income households. And it argues that carbon tax is market based policy that should be supported across the political spectrum.
| Author | : Shi-Ling Hsu |
| Publisher | : Island Press |
| Total Pages | : 249 |
| Release | : 2012-06-22 |
| Genre | : Political Science |
| ISBN | : 1610911784 |
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 | : Canada. Environment Canada |
| Publisher | : Canadian Government Publishing |
| Total Pages | : 80 |
| Release | : 2005 |
| Genre | : Business & Economics |
| ISBN | : |
"This guidebook is intended as a reference for policymakers and regulators considering cap and trade as a policy tool to control pollution. It is intended to be sufficiently generic to apply to various pollutants and environmental concerns; however, it emphasizes cap and trade to control emissions produced from stationary source combustion."--Page 1-1, Introduction.
| Author | : Gareth Bryant |
| Publisher | : Cambridge University Press |
| Total Pages | : 195 |
| Release | : 2019-02-21 |
| Genre | : Political Science |
| ISBN | : 1108386229 |
The promise of harnessing market forces to combat climate change has been unsettled by low carbon prices, financial losses, and ongoing controversies in global carbon markets. And yet governments around the world remain committed to market-based solutions to bring down greenhouse gas emissions. This book discusses what went wrong with the marketisation of climate change and what this means for the future of action on climate change. The book explores the co-production of capitalism and climate change by developing new understandings of relationships between the appropriation, commodification and capitalisation of nature. The book reveals contradictions in carbon markets for addressing climate change as a socio-ecological, economic and political crisis, and points towards more targeted and democratic policies to combat climate change. This book will appeal to students, researchers, policy makers and campaigners who are interested in climate change and climate policy, and the political economy of capitalism and the environment.
| Author | : Peter Cramton |
| Publisher | : MIT Press |
| Total Pages | : 270 |
| Release | : 2017-06-16 |
| Genre | : Business & Economics |
| ISBN | : 0262340399 |
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 | : Fariborz Zelli |
| Publisher | : Cambridge University Press |
| Total Pages | : 293 |
| Release | : 2020-07-16 |
| Genre | : Business & Economics |
| ISBN | : 1108484816 |
Analysing the interactions between institutions in the climate change and energy nexus, including the consequences for their legitimacy and effectiveness. Prominent researchers from political science and international relations compare three policy domains: renewable energy, fossil fuel subsidy reform, and carbon pricing. This title is also available as Open Access on Cambridge Core.
| Author | : Mark Jaccard |
| Publisher | : Cambridge University Press |
| Total Pages | : 307 |
| Release | : 2020-02-06 |
| Genre | : Business & Economics |
| ISBN | : 1108479375 |
Shows readers how we can all help solve the climate crisis by focusing on a few key, achievable actions.
| Author | : Danny Cullenward |
| Publisher | : John Wiley & Sons |
| Total Pages | : 256 |
| Release | : 2020-10-07 |
| Genre | : Political Science |
| ISBN | : 1509544941 |
For decades, the world’s governments have struggled to move from talk to action on climate. Many now hope that growing public concern will lead to greater policy ambition, but the most widely promoted strategy to address the climate crisis – the use of market-based programs – hasn’t been working and isn’t ready to scale. Danny Cullenward and David Victor show how the politics of creating and maintaining market-based policies render them ineffective nearly everywhere they have been applied. Reforms can help around the margins, but markets’ problems are structural and won’t disappear with increasing demand for climate solutions. Facing that reality requires relying more heavily on smart regulation and industrial policy – government-led strategies – to catalyze the transformation that markets promise, but rarely deliver.
