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Climate change is an externality problem—so the challenges that arise in limiting it and dealing with the effects that remain are largely fiscal. The structure of the problem, however, and the uncertainty which surrounds it, make the design of proper policy responses particularly complex. This...
Persistent link: https://www.econbiz.de/10010988682
This paper provides a primer on the fiscal implications of climate change, in particular the policies for responding to it. Many of the complicated challenges that arise in limiting climate change (through greenhouse gas emissions mitigation), and in dealing with the effects that remain (through...
Persistent link: https://www.econbiz.de/10009421462
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This paper focuses on the implications of the economic crisis and recession of 2008–2009 for climate change and related policy responses. Stressing that even prolonged output losses make very little difference to appropriate emissions reduction objectives, the paper argues that a cautious...
Persistent link: https://www.econbiz.de/10008914075
This paper examines the case for internationally coordinated indirect taxes on aviation (as a source of general revenue-not (necessarily) as a source of development finance). The case for such taxes is strong: the tax burden on international aviation is currently limited, yet it contributes...
Persistent link: https://www.econbiz.de/10005769201
There has recently been much discussion of the possible use of internationally coordinated indirect taxes, or equivalent charges, on international aviation, whether as a source of finance for development or as part of a response to heightened concerns with climate change. This paper considers...
Persistent link: https://www.econbiz.de/10005727386
The international aviation and maritime sectors today enjoy relatively favorable tax treatment, as their fuels are not taxed and the sectors are not subject to any value-added tax or turnover tax. Nor are these fuel uses subject to any global measures to reduce their associated CO2 emissions,...
Persistent link: https://www.econbiz.de/10009415383
Persistent link: https://www.econbiz.de/10010722187
Great scientific output typically peaks in middle age. A classic literature has emphasized comparisons across fields in the age of peak performance. More recent work highlights large underlying variation in age and creativity patterns, where the average age of great scientific contributions has...
Persistent link: https://www.econbiz.de/10010821908
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