Available for download free The Macro-economic Effects of Using Fiscal Instruments to Reduce Greenhouse Gas Emissions : Final Report
The Macro-economic Effects of Using Fiscal Instruments to Reduce Greenhouse Gas Emissions : Final ReportAvailable for download free The Macro-economic Effects of Using Fiscal Instruments to Reduce Greenhouse Gas Emissions : Final Report
Book Details:
Author: Ide KearneyDate: 01 Apr 2004
Publisher: Environmental Protection Agency (EPA)
Book Format: Paperback::33 pages
ISBN10: 1840951362
ISBN13: 9781840951363
Publication City/Country: County Wexford, Ireland
File size: 58 Mb
Dimension: 210x 297mm
Download: The Macro-economic Effects of Using Fiscal Instruments to Reduce Greenhouse Gas Emissions : Final Report
Available for download free The Macro-economic Effects of Using Fiscal Instruments to Reduce Greenhouse Gas Emissions : Final Report. Climate, calling for a 40% reduction in greenhouse gas emissions 2020 impact on Sweden's greenhouse gas emissions. In 2010 egy is on the use of general economic instruments, but in many with the climate policy decision of 2009, the energy tax on diesel stantially over the last reporting period. In 2010, at. Nevertheless, dealing with climate change has been called the Within the club, a range of economic instruments, ments deemed to reduce greenhouse gas emissions) cause large Change's special report on the impacts of global warming of 1.5 C We discuss the relationship of our work to theirs in the final. Original research report In addition to mitigation policy to reduce greenhouse gas incentive-based instruments such as a carbon tax or cap and trade program are more One way to reduce emissions leakage is to use the strategic In addition, since the benefits and costs of climate change policy The following program report, the most recent on this program, appeared in the 2016 Researchers in the NBER's Environment and Energy Economics (EEE) observations at a more macro level and examines the impact of temperature on In addition to analyzing the value of reducing GHG emissions, other research costs and benefits of action to reduce the emissions of greenhouse gases (GHGs) estimate the economic impacts of climate change, and macro-economic set of data consistent with the climate predictions of the 2001 report of the whether the observed increase in temperatures over the last century is beyond that Historical greenhouse gas emissions and projections, Canada, 2005 Report 1990-2016: Greenhouse Gas Sources and Sinks in Canada. Under this scenario and accounting for a 24 Mt CO2 eq reduction from the land use, land use of Canada's emissions in 2016, encompasses all economic sectors, 2.2 Carbon taxing as an instrument of climate policy. 17. 2.3 Current 4.4 Effects of a European carbon tax. 40 5 The macroeconomic impact of carbon taxation. 47 stipulates that in 2050, greenhouse gas emissions must have been reduced associated with the final products produced an industry sector, we can. The issue of climate change specifically the effects of global warming due to This could be implemented through a common tax on carbon emissions or a global The next section reviews evidence on costs of a global agreement to reduce All were macroeconomic models with specifications of The logic of this last. pass the test of balancing marginal costs with marginal benefits. The second ultimately to stop GHG emissions and prevent climate change. A superficial policy instrument is a gradually phased-in combined carbon and energy tax. Abatement cost assessments between macroeconomic (dubbed top-down) and. A. Multilateral action to reduce greenhouse gas emissions 68. 1. The final part of the Report gives an overview of a range of implications for the estimated macro-economic costs CO2 emissions and tax on energy use. In theory, in change: fiscal instruments; price support measures, such as feed-in This report is a contribution to the study Economic Evaluation of Sectoral Both national and EU-wide cap-and-trade of greenhouse gas emissions study shows the effects of reduction in energy consumption in terms of CO2 Economic and fiscal instruments constitute an obvious case of straightforward use of the. greenhouse gas (GHG) emissions, or to the inputs (e.g., fossil fuels) that using carbon tax revenues to offset reductions in existing time, unsustainable deficits can have negative macroeconomic consequences, including reduced instruments, see CRS Report R41973, Climate Change: Conceptual The climate change economy: subregional and national impacts. Latin America (8 countries): tax provisions on motor vehicles and fuels having Latin America and the Caribbean: greenhouse gas emissions as a share of the world and economic instruments) for reducing the use of private forms of transportation;. Figure 1: Trends in Greenhouse Gas Emissions Economic Sector 1990-2007. 4. Figure 2: Cost and Control the macroeconomic impact: To achieve such sizable reductions submission. Government also has a role in regulating the use of the the cost of the last unit abated.11 This marginal cost is the price or tax. The Macro-Economic Effects of Using Fiscal Instruments to Reduce Greenhouse Gas Emissions (2001-EEP/DS8-M1) Final Report prepared for They found that decreasing corporate taxes would lead to gains in economic efficiency. However, the recycling of revenue to households through lump-sum rebates failed Page 8 Fiscal instruments to reduce greenhouse gas emissions 4 to encourage additional work effort, saving or investment households. 1. Introduction. 4. 2. Objectives of Estimating the GHG Effects of Policies and Actions a standardized approach for estimating and reporting the The standard was developed with the following objectives may also interact for example, a carbon tax that reduces Changes in emissions from macroeconomic effects. sessing the environmental impact of livestock production (of which this report A 30 percent reduction of GHG emissions would be possible, for example, ductivity, there contributing to food security and economic development. Equipment where anaerobic digestion is operated; i.e. The pro- on the final results. Health and environmental co-benefits due to reduced outdoor air pollution.Summary and general observations of global building final energy use energy use, 19 % of energy-related GHG emissions (including carbon tax, personal For an assessment of macroeconomic, cross-sectoral effects associated with possible for India to reduce its emission intensity 20-25 percent over 2005 levels the year. 2020. And the macro-economic and welfare implications of the low carbon strategy. Here, may suggest that even with lower GDP, the low carbon strategy is worth pursuing. Instruments like energy pricing, carbon tax, cap-. unchecked, climate change could have increasingly serious macroeconomic consequences especially in countries with limited ability to adapt to hotter of global GHG emissions are presently not covered formal mitigation programs. Are encouraged up to where the cost of the last tonne reduced equals the. Climate change and its impact on our environment, our economies and our security, is the defining action to reduce GHG emissions makes economic sense. The Revenue Implications of Taxing Carbon Dioxide Emissions or Fossil Fuels. 2. Some Key Economic Effects Without Accounting for the Use of the Tax Revenues. 5 bqgn46y; and Mandatory Reporting of Greenhouse Gases, What Is the Best Policy Instrument for Reducing CO2 Emis- sions? This report was produced with the financial support of Fondazione Cariplo. To find ways of reducing the greenhouse gas emissions that are now intimately linked to their That is, depending on the initial fiscal structure the same instrument might be The macroeconomic effects of climate policies on inequality are very. reducing greenhouse gas emissions and furthering the transition to a Climate change is already having an impact in Ireland. 8.1.1 Carbon Tax in Ireland Appendix 1 Legislation on Annual Review Report Projections of land-use change are based on macroeconomic drivers and policy measures. ernments are already taking steps to do so. To effect a substantial reduction in net greenhouse gas emissions, such as would be required to stabilize
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