carbon tax

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carbon tax

a tax on the emissions caused by the burning of coal, gas, and oil, aimed at reducing the production of greenhouse gases
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References in periodicals archive ?
Summing Up: The Optimal Carbon Tax Based on Conservative Estimates
Thus far, I have focused on technical criticisms of Nordhaus's calculation of the optimal carbon tax profile.
Since an additional unit of emissions contributes both to the accumulation of the non-decaying and decaying stocks in the proportions of [a.sub.1] and [a.sub.2], its shadow externality cost, which is denoted by [mu] [Equivalent] [a.sub.1] + [a.sub.2][[mu].sub.2], and presents the optimal carbon tax when the optimal policy is decentralized, is a weighted average of the shadow externality costs [[mu].sub.1] and [[mu].sub.2].
Using (17a) in (8) and (9), the constant time paths of the shadow costs of the carbon stocks and the optimal carbon tax are
The variation we have experienced in gasoline and electricity prices in recent years dwarfs the increases from an optimal carbon tax. Thus incremental adjustments in behavior, rather than a radical alteration of energy infrastructure, would seem to be optimal in the near future.
Under such assumptions there would be no equity adjustment to the optimal carbon tax because those taxed (the rich now) and those receiving the benefits (the future poor) would have the same income.
We will assume that, on the time-path arising from the imposition of an optimal carbon tax, exhaustion of fossil fuels happens in exactly 200 years, i.e.
Perhaps the optimal carbon tax for the world would be $70 per ton, but the United States would do better with a worldwide carbon tax of $30 per ton, or $20 per ton, or even $10 per ton.
[26] develop a modeling and computational framework that allowed for the determination of optimal carbon taxes applied to electric power plants in electric power supply chain networks.

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