Tax Policy Issues In Designing A Carbon Tax
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Author | : Ian Parry |
Publisher | : Routledge |
Total Pages | : 307 |
Release | : 2015-02-11 |
Genre | : Business & Economics |
ISBN | : 1317602080 |
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 | : International Monetary Fund. Fiscal Affairs Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 109 |
Release | : 2019-05-01 |
Genre | : Business & Economics |
ISBN | : 1498311717 |
This paper discusses the role of, and provides practical country-level guidance on, fiscal policies for implementing climate strategies using a unique and transparent tool laying out trade-offs among policy options.
Author | : Baoping Shang |
Publisher | : International Monetary Fund |
Total Pages | : 32 |
Release | : 2021-06-25 |
Genre | : Business & Economics |
ISBN | : 151357339X |
Addressing the poverty and distributional impacts of carbon pricing reforms is critical for the success of ambitious actions in the fight against climate change. This paper uses a simple framework to systematically review the channels through which carbon pricing can potentially affect poverty and inequality. It finds that the channels differ in important ways along several dimensions. The paper also identifies several key gaps in the current literature and discusses some considerations on how policy designs could take into account the attributes of the channels in mitigating the impacts of carbon pricing reforms on households.
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 | : Toshi H. Arimura |
Publisher | : Springer Nature |
Total Pages | : 271 |
Release | : 2020-09-17 |
Genre | : Business & Economics |
ISBN | : 9811569649 |
This open access book evaluates, from an economic perspective, various measures introduced in Japan to prevent climate change. Although various countries have implemented such policies in response to the pressing issue of climate change, the effectiveness of those programs has not been sufficiently compared. In particular, policy evaluations in the Asian region are far behind those in North America and Europe due to data limitations and political reasons. The first part of the book summarizes measures in different sectors in Japan to prevent climate change, such as emissions trading and carbon tax, and assesses their impact. The second part shows how those policies have changed the behavior of firms and households. In addition, it presents macro-economic simulations that consider the potential of renewable energy. Lastly, based on these comprehensive assessments, it compares the effectiveness of measures to prevent climate change in Japan and Western countries. Providing valuable insights, this book will appeal to both academic researchers and policymakers seeking cost-effective measures against climate change.
Author | : Stefan E. Weishaar |
Publisher | : Edward Elgar Publishing |
Total Pages | : 305 |
Release | : 2017-08-25 |
Genre | : Business & Economics |
ISBN | : 1788111176 |
The Paris Agreement’s key objective is the strengthening of the global response to climate change by transitioning the world to an increasingly green economy. In this book, environmental tax and climate law experts examine carbon taxes energy subsidies, and support schemes for carbon and energy policies. Chapters reflect on the underlying policy dynamics and the constraints of various fiscal measures, and consider the harmonisation of smart instrument mixes.
Author | : Don Fullerton |
Publisher | : University of Chicago Press |
Total Pages | : 345 |
Release | : 2012-09-27 |
Genre | : Business & Economics |
ISBN | : 0226269140 |
"This book contains the proceedings of an NBER conference held in Washington, DC, on May 13-14, 2010"--Page xi.
Author | : Oliver Lah |
Publisher | : Elsevier |
Total Pages | : 310 |
Release | : 2018-12-03 |
Genre | : Law |
ISBN | : 0128148985 |
Sustainable Urban Mobility Pathways examines how sustainable urban mobility solutions contribute to achieving worldwide sustainable development and global climate change targets, while also identifying barriers to implementation and strategies to overcome them. Building on city-to-city cooperation experiences in Europe, Asia, Africa and Latin America, the book examines key challenges in the context of the Paris Agreement, UN Sustainable Development Goals and the New Urban Agenda, including policies needed to achieve a sustainable, low-carbon pathway for transport and how an integrated policy strategy is designed to provide a basis for political coalitions. The book explores which institutional framework creates sufficient political stability and continuity to foster the take-up of and long-term support for sustainable transport strategies. The linkages of climate change and wider sustainable development objectives are covered, including success stories, best practices, and quantitative analysis for key emerging economies in public transport, walking, cycling, freight and logistics, vehicle technology and fuels, urban planning and integration, and national framework policies. - Provides a holistic view of sustainable urban transport, focusing on policy-making processes, the role of institutions and successes and pitfalls - Delivers practical insights drawn from the experiences of actual city-to-city cooperation and on-the-ground policy work - Explores options for the integration of policy objectives and institutional structures that form coalitions for the implementation of sustainable urban mobility solutions - Describes the policy, institutional, political, and socio-economic aspects in cities in five emerging economies: Brazil, China, India, Mexico, and Turkey
Author | : Miria A. Pigato |
Publisher | : World Bank Publications |
Total Pages | : 240 |
Release | : 2018-12-31 |
Genre | : Business & Economics |
ISBN | : 9781464813580 |
This report provides actionable advice on how to design and implement fiscal policies for both development and climate action. Building on more than two decades of research in development and environmental economics, it argues that well-designed environmental tax reforms are especially valuable in developing countries, where they can reduce emissions, increase domestic revenues, and generate positive welfare effects such as cleaner water, safer roads, and improvements in human health. Moreover, these reforms need not harm competitiveness. New empirical evidence from Indonesia and Mexico suggests that under certain conditions, raising fuel prices can actually increase firm productivity. Finally, the report discusses the role of fiscal policy in strengthening resilience to climate change. It provides evidence that preventive public investments and measures to build fiscal buffers can help safeguard stability and growth in the face of rising climate risks. In this way, environmental tax reforms and climate risk-management strategies can lay the much-needed fiscal foundation for development and climate action.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 254 |
Release | : 2010-10-13 |
Genre | : |
ISBN | : 926408763X |
This report draws on case studies to explore the relationship between environmentally-related taxation and innovation to see whether taxation can spur innovation and if so, what types.