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Green fiscal reforms would contribute to climate change mitigation, increase the economic efficiency of national tax systems and provide additional public revenues. Some countries in Latin America have already taken first steps towards green fiscal reforms. This outlook article provides an...
Persistent link: https://www.econbiz.de/10011983269
Green fiscal reforms would contribute to climate change mitigation, increase the economic efficiency of national tax systems and provide additional public revenues. Some countries in Latin America have already taken first steps towards green fiscal reforms. This paper provides an overview of the...
Persistent link: https://www.econbiz.de/10011963186
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There is an emerging planetary consensus: Climate protection is necessary. Preventing global mean temperature from rising more than 2°C above pre-industrial levels is a common goal of climate protection. In essence, it requires a stabilization of carbon dioxide emissions within the next two...
Persistent link: https://www.econbiz.de/10010490703
This paper evaluates the consequences of renewable energy policies on welfare, resource rents and energy costs in a world where carbon pricing is imperfect and the regulator seeks to limit emissions to a (cumulative) target. We use a global general equilibrium model with an intertemporal fossil...
Persistent link: https://www.econbiz.de/10014180771