4-November-2013
English
Comparisons of effective carbon prices that different economic sectors face within and across countries are of great economic and political interest. Effective carbon prices arise either explicitly via carbon taxes or emission trading systems, or implicitly, via the abatement incentives embedded in other policies that influence greenhouse gas emissions.
4-November-2013
English
Economic textbooks predict that taxes and emission trading systems are the cheapest way for societies to reduce emissions of CO2. This book shows that this is also the case in the real world. It estimates the costs to society of reducing CO2 emissions in 15 countries using a broad range of policy instruments in 5 of the sectors that generate most emissions: electricity generation, road transport, pulp & paper and cement, as well as households’ domestic energy use. It finds wide variations in the costs of abating each tonne of CO2 within and among countries, as well as in the sectors examined and across different types of policy instruments. Market-based approaches like taxes and trading systems consistently reduced CO2 at a lower cost than other instruments. Capital subsidies and feed-in tariffs were among the most expensive ways of reducing emissions.
4-November-2013
English, PDF, 700kb
This document present a brief synthesis of the costs to society of reducing CO2eq emissions in Brazil. It is based on an examination of a broad range of policy instruments used in the electricity eneration, road transport, pulp and paper, cement and household energy sectors.
4-November-2013
English, PDF, 743kb
This document present a brief synthesis of the costs to society of reducing CO2eq emissions in Denmark. It is based on an examination of a broad range of policy instruments used in the electricity generation, road transport, pulp and paper, cement and household energy sectors.
4-November-2013
English, PDF, 699kb
This document present a brief synthesis of the costs to society of reducing CO2eq emissions in Japan. It is based on an examination of a broad range of policy instruments used in the electricity generation, road transport, pulp and paper, cement and household energy sectors.
4-November-2013
English, PDF, 762kb
This document present a brief synthesis of the costs to society of reducing CO2eq emissions in France. It is based on an examination of a broad range of policy instruments used in the electricity generation, road transport, pulp and paper, cement and household energy sectors.
4-November-2013
English, PDF, 925kb
This document present a brief synthesis of the costs to society of reducing CO2eq emissions in Germany. It is based on an examination of a broad range of policy instruments used in the electricity generation, road transport, pulp and paper, cement and household energy sectors.
4-November-2013
English, PDF, 1,492kb
This document present a brief synthesis of the costs to society of reducing CO2eq emissions in Australia. It is based on an examination of a broad range of policy instruments used in the electricity generation, road transport, pulp and paper, cement and household energy sectors.
8-October-2013
English
This paper reviews the political economy of the Canadian province of British Columbia (BC) tax in three periods: its origins, its survival in the face of political backlash, and its longer-term prospects. The BC launched North America’s first revenue-neutral carbon tax reform. The tax, applied to all combustion sources of fossil fuels, was introduced at a rate of CAD 10 per tonne of CO2.
3-October-2013
English
This paper describes the features of the tax, recounts the story of its interplay between fiscal adjustment and helping meet the obligations to raise taxes, and implications for competitiveness and carbon leakage, environmental effectiveness and equity issues, and draws conclusions regarding why it happened, and provides tentative insights for other countries in a similar situation.