TURKEY FACING THE GLOBAL CLIMATE CHANGE PROBLEM An economic analysis within a regional General Equilibrium Model with a carbon tax policy and a tradable emission permits system Preliminary version
نویسنده
چکیده
An applied general equilibrium model is proposed to quantify the impact of a national environmental program on the Turkish economy, based on environmental taxes and a system of tradable pollution permits. In this model, Turkey is divided into different regions according to the level of industrialization and pollution in order to determine the most appropriate policies. The energy and transport sectors are detailed in order to develop a trading permits system between different regions and different sectors of production. The conclusions of the model are used to suggest a sustainable development policy respecting the international conventions on global warming.
منابع مشابه
Carbon and energy taxes in a small and open country
Malaysia, as a small and developing country, must reduce carbon emissions because the country is one of the top CO2-emitting countries in the ASEAN region. Therefore, the current study implements two environmental tax policies; carbon and energy taxes, in order to examine the impacts of these policies on the reduction of carbon emission in the whole of the economy by applying a compu...
متن کاملEconomic Assessment of Carbon Tax policy: Applied Computable General Equilibrium Model
Unbalanced use of fossil fuels has made the environmental crisis as major challenge for governments. In the same methods, international and domestic institutions have designed and implemented various policies and plans to reduce greenhouse gas emissions, which are the cause of environmental pollution. One of the successful policies to reduce emissions is carbon tax policy. Considering the envir...
متن کاملEconomic Assessment of Carbon Tax policy: Applied Computable General Equilibrium Model
Unbalanced use of fossil fuels has made the environmental crisis as major challenge for governments. In the same methods, international and domestic institutions have designed and implemented various policies and plans to reduce greenhouse gas emissions, which are the cause of environmental pollution. One of the successful policies to reduce emissions is carbon tax policy. Considering the envir...
متن کاملSecond-Best Instruments for Near-Term Climate Policy: Intensity Targets vs. the Safety Valve
Current proposals for greenhouse gas emissions regulations in the United States mainly take the form of emissions caps with tradable permits. Since Weitzman’s (1974) study of prices vs. quantities, economic theory predicts that a price instrument is superior under uncertainty in the case of stock pollutants. Given the general belief in the political infeasibility of a carbon tax, there has been...
متن کاملThe Regional Impacts of U.S. Climate Change Policy A General Equilibrium Analysis
This paper investigates the impacts at the state and regional levels of policies to limit U.S. carbon dioxide (CO2) emissions. It constructs an interregional computable general equilibrium model which divides the U.S. economy into ten industries and 50 states, and simulates the effects of economywide CO2 emission taxes. The results elucidate the sources and consequences of the incidence of abat...
متن کامل