Citizen Carbon Fund: Harmonized International Carbon Taxes and Transfers to Increase Treaty Size

Autor:	Anna A. Klis, Matthew McGinty
Rok vydání:	2022
Předmět:	Economics and Econometrics Economics Econometrics and Finance (miscellaneous)
Zdroj:	The B.E. Journal of Economic Analysis & Policy. 22:269-280
ISSN:	1935-1682
DOI:	10.1515/bejeap-2021-0072
Popis:	A uniform carbon tax and Citizen Carbon Fund are proposed as a zero-sum system of transfers that can increase equilibrium participation and result in a positive carbon check for each citizen covered by the agreement. The carbon tax results in efficient abatement, generates tax revenue and finances transfers that increase equilibrium participation in a climate agreement. A single carbon price is easier to negotiate than many different abatement requirements, but mirrors the results of a cap-and-trade agreement. An example using the four largest carbon emitters illustrates the set of stable agreements, the transfers required for stability and the resulting carbon checks.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::00b7346b2b84a84a474d12d5e6861b98 https://doi.org/10.1515/bejeap-2021-0072 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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