Carbon Tax and OPEC’s Rents Under a Ceiling Constraint*

Increasing Emissions Certainty under a Carbon Tax

arious organizations and individuals, including issue-oriented advocacy groups, research institutes, business groups, and members of Congress, have recently proposed that the United States consider use of a carbon tax as the primary federal policy to reduce greenhouse gas emissions.1 A carbon tax establishes a fixed fee per unit of emissions and thereby provides a certain price incentive to cut...

Coordinating a Two-Echelon Supply Chain under Carbon Tax

In this paper, we study the impact of carbon tax on carbon emission and retail price in a two-echelon supply chain consisting of a manufacturer and a retailer. Specifically, by adopting two types of contracts, i.e., the modified wholesale price (MW) and the modified cost-sharing contract (MS), supply chain coordination is achieved, which promotes the supply chain efficiency. Our study shows tha...

Tax Optimization under Tax Evasion

All opinions expressed here are those of the authors and not those of the Economics Education and Research Consortium Research dissemination by the EERC may include views on policy, but the EERC itself takes no institutional policy positions This paper considers the problem of determining the optimal taxation for a group of individuals with random, independent and identically distributed income...

A Carbon Tax in China ?

Cap - and - Trade or a Carbon Tax ?

W political leaders in the European Union, Canada, Australia, Japan, and the U.S. Congress move toward cap-and-trade systems as their preferred approach for achieving meaningful reductions in emissions of CO2 and other greenhouse gases, there is a lively debate among economists, many of whom have been critical of the cap-and-trade approach in the climate context and have endorsed carbon taxes i...