A Tax-Based Approach to Slowing Global Climate Change

This paper discusses the design of CO2 taxes at the domestic and international level and the choice of taxes versus cap and trade. There is a strong case for taxes on uncertainty, fiscal, and distributional grounds, though this critically hinges on policy specifics and how revenues are used. The eff...

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Bibliographic Details
Main Authors: Aldy, Joseph E., Ley, Eduardo, Parry, Ian
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5523