The Case For A Carbon Tax

Author: Shi-Ling Hsu
Publisher: Island Press
ISBN: 9781610911788
Size: 12.42 MB
Format: PDF, ePub, Docs
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There's a simple, straightforward way to cut carbon emissions and prevent the most disastrous effects of climate change-and we're rejecting it because of irrational political fears. That's the central argument of The Case for a Carbon Tax, a clear-eyed, sophisticated analysis of climate change policy. Shi-Ling Hsu examines the four major approaches to curbing CO2: cap-and-trade; command and control regulation; government subsidies of alternative energy; and carbon taxes. Weighing the economic, social, administrative, and political merits of each, he demonstrates why a tax is currently the most effective policy. Hsu does not claim that a tax is the perfect or only solution-but that unlike the alternatives, it can be implemented immediately and paired effectively with other approaches. In fact, the only real barrier is psychological. While politicians can present subsidies and cap-and-trade as "win-win" solutions, the costs of a tax are immediately apparent. Hsu deftly explores the social and political factors that prevent us from embracing this commonsense approach. And he shows why we must get past our hang-ups if we are to avert a global crisis.

The Case For A Carbon Tax In Canada

Author: Nicholas Rivers
ISBN: OCLC:903421032
Size: 20.87 MB
Format: PDF
View: 65

"There is ... some recent optimism around an (old) approach that turns the historic approach to climate change negotiations on its head: rather than waiting for a worldwide agreement before undertaking significant emission reductions at home, an alternative approach would use domestic climate policies as a springboard for coordinating international action. Under such an approach, some countries would unilaterally implement modest but meaningful climate change mitigation policies. These policy statements would include escalators - promises to increase the ambition of the policy under the condition that other countries also undertake meaningful policies to reduce emissions. Such an approach would focus on the actions which government is directly able to control - its policies - and de-emphasize commitments focused on the level of emissions, over which government has less direct control. Additionally an approach beginning with unconditional unilateral emission reductions could help to foster increased trust in international climate negotiations, and could encourage other countries to follow suit. If escalation clauses were built into domestic climate policies, the result could be a gradual tightening of global emissions constraints. Such a bottom-up approach may help to ease the deadlock in international climate negotiations."--

Implementing A Us Carbon Tax

Author: Ian Parry
Publisher: Routledge
ISBN: 9781317602088
Size: 13.76 MB
Format: PDF, ePub, Docs
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Although the future extent and effects of global climate change remain uncertain, the expected damages are not zero, and risks of serious environmental and macroeconomic consequences rise with increasing atmospheric greenhouse gas concentrations. Despite the uncertainties, reducing emissions now makes sense, and a carbon tax is the simplest, most effective, and least costly way to do this. At the same time, a carbon tax would provide substantial new revenues which may be badly needed, given historically high debt-to-GDP levels, pressures on social security and medical budgets, and calls to reform taxes on personal and corporate income. This book is about the practicalities of introducing a carbon tax, set against the broader fiscal context. It consists of thirteen chapters, written by leading experts, covering the full range of issues policymakers would need to understand, such as the revenue potential of a carbon tax, how the tax can be administered, the advantages of carbon taxes over other mitigation instruments and the environmental and macroeconomic impacts of the tax. A carbon tax can work in the United States. This volume shows how, by laying out sound design principles, opportunities for broader policy reforms, and feasible solutions to specific implementation challenges.

Kicking The Carbon Habit

Author: William Sweet
Publisher: Columbia University Press
ISBN: 0231137117
Size: 10.68 MB
Format: PDF, Mobi
View: 90

Looks at the problem of global warming and suggests solutions based on renewable energy sources.

Carbon Taxes

Author: Mr. Ved P. Gandhi
Publisher: International Monetary Fund
ISBN: 9781452721002
Size: 11.49 MB
Format: PDF, Docs
View: 54

The carbon tax is a major instrument for curbing greenhouse gas emissions that cause global warming. Yet its adoption has been limited because of concerns over its effects on economic growth, income distribution, and international competitiveness. The paper shows that policymakers can minimize the effects of the tax on economic growth through an efficient recycling of tax revenues and on equity through the adoption of appropriate mitigating or compensating measures. To eliminate the worry about the loss of competitiveness, the paper suggests an international agreement on a coordinated adoption of the tax.