Carbon taxCO $$_{2}$$ 2 emissionsPolitical economyD72H23Q48Q52Q58This paper analyzes the drivers of carbon taxes acceptability with survey data and a randomized labeling treatment. Based on a sample of more than 300 individuals, it assesses the effect on acceptability of specific policy ...
This report provides an overview of the fundamental choices involved between a cost (tax) and a quantity (cap) control instrument, including a discussion of policy tools that could be employed to bridge the gap between a carbon tax and a cap-and-trade program. It also analyzes the potential...
Improving the environmental sustainability and energy efficiency in liner shipping. • Effects of carbon dioxide tax value on the design of vessel schedules. Abstract Considering a substantial increase in volumes of the international seaborne trade and drastic climate changes due to carbon dioxide emissi...
once told the media that there are three technical options for the government to introduce carbon tax: one is to put the tax on environmental protection as a tax item and see if it can come out together with the environmental tax. One is to introduce carbon tax into consumption tax in ...
but the relative emission reduction efficiency of the carbon tax is higher than that of carbon trading. This advantage increases over time. Carbon trading has a certain negative effect on the output of the energy industry, and also on the output of other energy-intensive industries involving in ...
Disadvantages A carbon tax isregressive. By making fossil fuels more expensive, it imposes a harsher burden on those with low incomes. They will pay a higher percentage of their income for necessities like gasoline, electricity, and food. They can't afford to switch to electric vehicles. ...
Based on the above observation, we present a hybrid mechanism of carbon abatement, which is an organized combination of carbon taxation and carbon trading. It consists of two parts: first, the carbon taxation, which has a progressive tax rate, second, the carbon trading. Small firms will only...
A pilot environmental tax was introduced back in the 1990s. Since 2011, pilot regional carbon emission trading has been launched in seven cities and provinces, covering Beijing, Shanghai and Guangdong. The national carbon emission trading was officially initiated in July 2021. Currently, carbon ...
Wang and Zhang [29] pointed out that carbon tax is an important policy instrument to control greenhouse gases, and explored the decision behavior of a potential investor to design a suitable carbon tax rate from a microeconomic perspective. The results showed that the optimal carbon tax rate is...
Advantages and Disadvantages of Carbon Capture The major advantage of carbon capture is that it has the potential to slow and possibly reverse the accumulation of carbon dioxide in Earth’s atmosphere, which is a major cause of global warming, climate change, and all the dangers they pose. ...