What is the Role of Carbon Taxes in Climate Change Mitigation? (revised)

This note argues that a carbon tax system is more practical to implement, monitor, and enforce than tradable permit-based approaches to global climate-change action. It suggests that a sensible design will be an upstream carbon tax on the fossil fu...

Full description

Bibliographic Details
Main Authors:	Aldy, Joseph, Ley, Eduardo, Parry, Ian
Format:	Brief
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ABATEMENT COSTS ALLOWANCE ATMOSPHERE BASELINE EMISSIONS BORDER TAX CARBON CARBON CONTENT CARBON EMISSIONS CARBON PRICE CARBON TAX CARBON TAXES CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CLIMATE POLICY CLIMATE SCENARIOS CLIMATE-CHANGE CO CO2 COAL CONSUMPTION OF ENERGY COSTS OF EMISSIONS DAMAGES DISCOUNT RATES DOMESTIC CARBON ECONOMICS OF CLIMATE CHANGE ELECTRICITY EMISSION EMISSION PERMITS EMISSION SOURCES EMISSION TARGET EMISSION TARGETS EMISSIONS EMISSIONS ABATEMENT EMISSIONS CONTROL EMISSIONS LEAKAGE EMISSIONS PRICES EMISSIONS QUOTAS EMISSIONS REDUCTIONS EMISSIONS TARGETS EMISSIONS TAX EMISSIONS TAXES ENERGY INDUSTRIES ENERGY POLICY ENERGY TAXES ENVIRONMENTAL BENEFITS ENVIRONMENTAL POLICIES FEASIBILITY FOSSIL FUEL FUEL SUPPLY FUELS GHGS GLOBAL CARBON TAX GLOBAL CLIMATE CHANGE GLOBAL WARMING GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSION GREENHOUSE GAS EMISSIONS GREENHOUSE GASES HISTORICAL EMISSIONS IMPORTS INCOME INCOME TAXES INTERNATIONAL EMISSIONS LEVEL OF EMISSIONS NATIONAL EMISSIONS NATURAL GAS OIL OIL PRODUCERS PER CAPITA INCOME PER CAPITA INCOMES PETROLEUM PRODUCTS PORTFOLIO PRICE OF COAL PRICE OF ELECTRICITY PRICE VOLATILITY SEA LEVELS TAX CREDITS TAX LAWS TAX MEASURES TAX POLICIES TAX POLICY TAX RATE TAX REVENUES TAX SYSTEM
Online Access:	http://documents.worldbank.org/curated/en/2010/04/20182308/role-carbon-taxes-climate-change-mitigation http://hdl.handle.net/10986/20115

id	okr-10986-20115
recordtype	oai_dc
spelling	okr-10986-201152021-04-23T14:03:54Z What is the Role of Carbon Taxes in Climate Change Mitigation? (revised) Aldy, Joseph Ley, Eduardo Parry, Ian ABATEMENT COSTS ALLOWANCE ATMOSPHERE BASELINE EMISSIONS BORDER TAX CARBON CARBON CONTENT CARBON EMISSIONS CARBON PRICE CARBON TAX CARBON TAXES CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CLIMATE POLICY CLIMATE SCENARIOS CLIMATE-CHANGE CO CO2 COAL CONSUMPTION OF ENERGY COSTS OF EMISSIONS DAMAGES DISCOUNT RATES DOMESTIC CARBON ECONOMICS OF CLIMATE CHANGE ELECTRICITY EMISSION EMISSION PERMITS EMISSION SOURCES EMISSION TARGET EMISSION TARGETS EMISSIONS EMISSIONS ABATEMENT EMISSIONS CONTROL EMISSIONS LEAKAGE EMISSIONS PRICES EMISSIONS QUOTAS EMISSIONS REDUCTIONS EMISSIONS TARGETS EMISSIONS TAX EMISSIONS TAXES ENERGY INDUSTRIES ENERGY POLICY ENERGY TAXES ENVIRONMENTAL BENEFITS ENVIRONMENTAL POLICIES FEASIBILITY FOSSIL FUEL FUEL SUPPLY FUELS GHGS GLOBAL CARBON TAX GLOBAL CLIMATE CHANGE GLOBAL WARMING GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSION GREENHOUSE GAS EMISSIONS GREENHOUSE GASES HISTORICAL EMISSIONS IMPORTS INCOME INCOME TAXES INTERNATIONAL EMISSIONS LEVEL OF EMISSIONS NATIONAL EMISSIONS NATURAL GAS OIL OIL PRODUCERS PER CAPITA INCOME PER CAPITA INCOMES PETROLEUM PRODUCTS PORTFOLIO PRICE OF COAL PRICE OF ELECTRICITY PRICE VOLATILITY SEA LEVELS TAX CREDITS TAX LAWS TAX MEASURES TAX POLICIES TAX POLICY TAX RATE TAX REVENUES TAX SYSTEM This note argues that a carbon tax system is more practical to implement, monitor, and enforce than tradable permit-based approaches to global climate-change action. It suggests that a sensible design will be an upstream carbon tax on the fossil fuel supply chain, which can also include other major non-carbon dioxide (CO2) greenhouse gases (GHGs). While risks such as fiscal cushioning exist, a tax-based system will be more transparent and offer the appropriate incentives for participation and compliance. 2014-09-15T15:20:05Z 2014-09-15T15:20:05Z 2010-04 http://documents.worldbank.org/curated/en/2010/04/20182308/role-carbon-taxes-climate-change-mitigation http://hdl.handle.net/10986/20115 English en_US PREM notes;no. 2. Special series on the economics of climate change CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Brief Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ABATEMENT COSTS ALLOWANCE ATMOSPHERE BASELINE EMISSIONS BORDER TAX CARBON CARBON CONTENT CARBON EMISSIONS CARBON PRICE CARBON TAX CARBON TAXES CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CLIMATE POLICY CLIMATE SCENARIOS CLIMATE-CHANGE CO CO2 COAL CONSUMPTION OF ENERGY COSTS OF EMISSIONS DAMAGES DISCOUNT RATES DOMESTIC CARBON ECONOMICS OF CLIMATE CHANGE ELECTRICITY EMISSION EMISSION PERMITS EMISSION SOURCES EMISSION TARGET EMISSION TARGETS EMISSIONS EMISSIONS ABATEMENT EMISSIONS CONTROL EMISSIONS LEAKAGE EMISSIONS PRICES EMISSIONS QUOTAS EMISSIONS REDUCTIONS EMISSIONS TARGETS EMISSIONS TAX EMISSIONS TAXES ENERGY INDUSTRIES ENERGY POLICY ENERGY TAXES ENVIRONMENTAL BENEFITS ENVIRONMENTAL POLICIES FEASIBILITY FOSSIL FUEL FUEL SUPPLY FUELS GHGS GLOBAL CARBON TAX GLOBAL CLIMATE CHANGE GLOBAL WARMING GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSION GREENHOUSE GAS EMISSIONS GREENHOUSE GASES HISTORICAL EMISSIONS IMPORTS INCOME INCOME TAXES INTERNATIONAL EMISSIONS LEVEL OF EMISSIONS NATIONAL EMISSIONS NATURAL GAS OIL OIL PRODUCERS PER CAPITA INCOME PER CAPITA INCOMES PETROLEUM PRODUCTS PORTFOLIO PRICE OF COAL PRICE OF ELECTRICITY PRICE VOLATILITY SEA LEVELS TAX CREDITS TAX LAWS TAX MEASURES TAX POLICIES TAX POLICY TAX RATE TAX REVENUES TAX SYSTEM
spellingShingle	ABATEMENT COSTS ALLOWANCE ATMOSPHERE BASELINE EMISSIONS BORDER TAX CARBON CARBON CONTENT CARBON EMISSIONS CARBON PRICE CARBON TAX CARBON TAXES CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CLIMATE POLICY CLIMATE SCENARIOS CLIMATE-CHANGE CO CO2 COAL CONSUMPTION OF ENERGY COSTS OF EMISSIONS DAMAGES DISCOUNT RATES DOMESTIC CARBON ECONOMICS OF CLIMATE CHANGE ELECTRICITY EMISSION EMISSION PERMITS EMISSION SOURCES EMISSION TARGET EMISSION TARGETS EMISSIONS EMISSIONS ABATEMENT EMISSIONS CONTROL EMISSIONS LEAKAGE EMISSIONS PRICES EMISSIONS QUOTAS EMISSIONS REDUCTIONS EMISSIONS TARGETS EMISSIONS TAX EMISSIONS TAXES ENERGY INDUSTRIES ENERGY POLICY ENERGY TAXES ENVIRONMENTAL BENEFITS ENVIRONMENTAL POLICIES FEASIBILITY FOSSIL FUEL FUEL SUPPLY FUELS GHGS GLOBAL CARBON TAX GLOBAL CLIMATE CHANGE GLOBAL WARMING GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSION GREENHOUSE GAS EMISSIONS GREENHOUSE GASES HISTORICAL EMISSIONS IMPORTS INCOME INCOME TAXES INTERNATIONAL EMISSIONS LEVEL OF EMISSIONS NATIONAL EMISSIONS NATURAL GAS OIL OIL PRODUCERS PER CAPITA INCOME PER CAPITA INCOMES PETROLEUM PRODUCTS PORTFOLIO PRICE OF COAL PRICE OF ELECTRICITY PRICE VOLATILITY SEA LEVELS TAX CREDITS TAX LAWS TAX MEASURES TAX POLICIES TAX POLICY TAX RATE TAX REVENUES TAX SYSTEM Aldy, Joseph Ley, Eduardo Parry, Ian What is the Role of Carbon Taxes in Climate Change Mitigation? (revised)
relation	PREM notes;no. 2. Special series on the economics of climate change
description	This note argues that a carbon tax system is more practical to implement, monitor, and enforce than tradable permit-based approaches to global climate-change action. It suggests that a sensible design will be an upstream carbon tax on the fossil fuel supply chain, which can also include other major non-carbon dioxide (CO2) greenhouse gases (GHGs). While risks such as fiscal cushioning exist, a tax-based system will be more transparent and offer the appropriate incentives for participation and compliance.
format	Publications & Research :: Brief
author	Aldy, Joseph Ley, Eduardo Parry, Ian
author_facet	Aldy, Joseph Ley, Eduardo Parry, Ian
author_sort	Aldy, Joseph
title	What is the Role of Carbon Taxes in Climate Change Mitigation? (revised)
title_short	What is the Role of Carbon Taxes in Climate Change Mitigation? (revised)
title_full	What is the Role of Carbon Taxes in Climate Change Mitigation? (revised)
title_fullStr	What is the Role of Carbon Taxes in Climate Change Mitigation? (revised)
title_full_unstemmed	What is the Role of Carbon Taxes in Climate Change Mitigation? (revised)
title_sort	what is the role of carbon taxes in climate change mitigation? (revised)
publisher	World Bank, Washington, DC
publishDate	2014
url	http://documents.worldbank.org/curated/en/2010/04/20182308/role-carbon-taxes-climate-change-mitigation http://hdl.handle.net/10986/20115
_version_	1764444925021126656

What is the Role of Carbon Taxes in Climate Change Mitigation? (revised)

Similar Items