Dong, Yan; Whalley, John - CESifo - 2009
This paper highlights the potential for joint OECD (or non-OPEC) carbon taxes to reduce OPEC’s monopoly rent and … system. In this paper, we discuss a third benefit of carbon taxes: transferring rents from OPEC to the oil importing …-OPEC countries. Carbon taxes reduce the welfare of OPEC and increase the welfare of non-OPEC countries. Results also show how carbon …