of key issues and challenges • Climate change policies and trade policy are on a collision course. Border tax adjustments are at the center of the debate and are being considered in many OECD countries, notably the United States and the European Union (EU). They will tax carbon emissions at the border with the aim of leveling the playing field between countries with different carbon emission li...

Although countries experiences on environmental taxation differ, discussions in New Zealand coincide with the recent announcement by the government of a new carbon tax and a new energy tax to be introduced before the first phase of the Kyoto protocol. This paper provides preliminary simulation results that may help answer some policy-related questions including the relative microand macrolevel ...

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...

It is widely considered that the continued development and production of Alberta’s oil sands deposits is on track to be the fastest growing source of greenhouse gas (GHG) emissions in Canada over the next few decades. As recent developments suggest, failure to address the issue of GHG emissions growth might jeopardize the potential for sustained expansion of oil sands operations in Alberta. Wit...

More than 50% of electricity in the U.S. is generated by coal. The U.S. has large coal resources, the cheapest fuel in most areas. Coal fired power plants are likely to continue to provide much of U.S. electricity. However, the type of power plant that should be built is unclear. Technology can reduce pollutant discharges and capture and sequester the CO2 from coal-fired generation. The U.S. En...

Carbon tax is an effective option for internalizing climate change and correcting market failure, an optimal set of carbon taxes can result in superior carbon mitigation. Then what is the optimal trajectory of carbon tax under various carbon-constrained scenarios, and what are the impacts of carbon controls on the economy and performance of carbon-free technologies are important questions to be...

In this paper we formulate a dynamic model of a profit maximization problem for assessing quantitatively how the policy of carbon tax and emissions trading would be effective to achieve the targeted reduction of the Kyoto Protocol. Furthermore, we evaluate the influence of carbon tax and emissions trading on the economy in industry in a long-term view.

There is an increasingly urgent need to reduce carbon emissions. Devising effective carbon tax policies has become an important research topic. It is necessary to explore carbon reduction strategies based on the design of carbon tax elements. In this study, we explore the effect of a progressive carbon tax policy on carbon emission reductions using the logical deduction method. We apply experie...

This paper aims to analyse the economy-wide implications of a carbon tax applied on the Chilean electricity generation sector. In order to analyse the macroeconomic impacts, both an energy sectorial model and a Dynamic Stochastic General Equilibrium model have been used. During the year 2014 a carbon tax of 5 US$/tCO2e was approved in Chile. This tax and its increases (10, 20, 30, 40 and 50 US$...

Cost-benefit analysis is an important tool for decisions in infrastructure and transport planning. One effect that is calculated in cost benefit analysis is climate effects and for this it is necessary to make valuation of the social cost of carbon. There are different ways to calculate this cost and there is no consensus on what method to use. In Sweden the social cost of carbon that is used i...