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Beyond Carbon Pricing: Tax Reform is Climate Policy
Global Policy, 2021The incrementalism of carbon pricing, which includes carbon taxes and emissions trading, has led us astray. It has been proffered as a key component of climate policy, yet evidence clearly shows that its effects are marginal.
Jessica F. Green
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Quantifying the implied risk for newly-built coal plant to become stranded asset by carbon pricing
Energy Economics, 2021With carbon pricing being implemented, current investment in carbon-intensive energy infrastructure will be exposed to carbon pricing risk, and some may even become stranded assets. In this work we build a real options-based model to quantify the implied
Jian-Lei Mo, Lianbiao Cui, Hongbo Duan
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SSRN Electronic Journal, 2016
Nearly every carbon price regulates the production of carbon emissions, typically at midstream points of compliance, such as a power plant. Over the last six years, however, policymakers in Australia, California, China, Japan, and Korea implemented carbon prices that regulate the consumption of carbon emissions, where points of compliance are further ...
Clayton Munnings +4 more
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Nearly every carbon price regulates the production of carbon emissions, typically at midstream points of compliance, such as a power plant. Over the last six years, however, policymakers in Australia, California, China, Japan, and Korea implemented carbon prices that regulate the consumption of carbon emissions, where points of compliance are further ...
Clayton Munnings +4 more
openaire +1 more source
2014
In 2012, Australia took the major step of introducing a carbon price, involving the creation of a system of emissions permits initially issued at a fixed price. Carbon Pricing brings together experts instrumental in the development, and operation, of Australia’s carbon policy who have played a significant role in the broader debate over climate change ...
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In 2012, Australia took the major step of introducing a carbon price, involving the creation of a system of emissions permits initially issued at a fixed price. Carbon Pricing brings together experts instrumental in the development, and operation, of Australia’s carbon policy who have played a significant role in the broader debate over climate change ...
openaire +2 more sources
Five Myths About Carbon Pricing
SSRN Electronic Journal, 2023Abstract While carbon pricing, in general, and carbon taxes, in particular, are popular with economists, they are subject to considerable misunderstanding among policy-makers and the public. In this paper I consider and refute five myths about carnbon taxes: (i) that a carbon price will hurt economic growth; (ii) that carbon pricing will
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2018
This chapter attempts to distil key lessons from recent decades of experience with carbon pricing. It notes that American emissions have actually dropped despite the lack of national carbon pricing and that future attempts to develop carbon pricing need to draw directly from past experience.
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This chapter attempts to distil key lessons from recent decades of experience with carbon pricing. It notes that American emissions have actually dropped despite the lack of national carbon pricing and that future attempts to develop carbon pricing need to draw directly from past experience.
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Climate Policy and the Economy: Evidence from Europe’s Carbon Pricing Initiatives
IMF Economic Review, 2023Diego R. Känzig, Maximilian Konradt
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2019
One of the most effective ways to induce a shift from the consumption of carbon-intensive fuels to low-carbon alternatives and greater energy efficiency is to set a price on carbon. Whether the policy is based on a simple carbon tax or on a more complex cap-and-trade mechanism, experience in many countries shows that carbon pricing is a cost-effective ...
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One of the most effective ways to induce a shift from the consumption of carbon-intensive fuels to low-carbon alternatives and greater energy efficiency is to set a price on carbon. Whether the policy is based on a simple carbon tax or on a more complex cap-and-trade mechanism, experience in many countries shows that carbon pricing is a cost-effective ...
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Reflections—Carbon Pricing in Practice
Review of Environmental Economics and Policy, 2013AbstractCarbon pricing is a broad term that encompasses two policy approaches: emissions trading and carbon taxation.
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