scholarly journals Quantitative analysis of optimum corrective fuel tax for road vehicles in Bangladesh: achieving the greenhouse gas reduction goal

Author(s):  
Mohammad Haider Kamruzzaman ◽  
Takeshi Mizunoya

Abstract This study estimates optimum corrective fuel taxes for Bangladesh and correlates them with climate change policy. First, we use the European road transport emission model (COPERT IV) to precisely estimate the externalities. Second, using the same model, we also estimate the reduction in greenhouse gas emissions caused by the fuel tax. Finally, we develop a correlation between the fuel tax rate and emissions reduction. Our benchmark calculation of the optimum corrective tax is US$0.94 per gallon for gasoline and US$1.46 per gallon for diesel (in 2016 prices). We find that congestion and accident externalities are the two main fuel tax components for Bangladesh. We also find that the net social welfare gain per year is US$302.11 million and the net revenue gain per year is 3.59% of GDP. The corrective diesel tax reduces fuel consumption by 18.10% and increases fuel efficiency by 12.53%. In the benchmark case, corrective fuel taxes reduce GHG emissions by 5.77%. With the combination of the existing gasoline tax and a diesel tax of US$1.20 per gallon, the country’s greenhouse gas reduction goal can be achieved. Policymakers can use fuel taxes to support climate change policy.

Federalism-E ◽  
1969 ◽  
Vol 11 (1) ◽  
pp. 19-27
Author(s):  
Yvonne Leung

The problem of anthropogenic climate change is arguably one of the foremost pressing issues facing the world today. With that, governments around the world have been working together to put forward binding targets and agreements to reduce greenhouse gas emissions in their respective jurisdictions. The most famous example of these multilateral efforts has culminated in the Kyoto Protocol, which was formally ratified by the Canadian government in 2002. However, despite this ratification, the federal government has failed to meet its reduction targets or legislate any substantial policy that would effectively regulate and reduce emissions. Indeed, rather than seeing emission levels fall, Canada’s overall GHG emissions have increased substantially.1[...]


Author(s):  
Priya Sreedharan ◽  
Alan H. Sanstad ◽  
Joe Bryson

Energy “sustainability” and energy supply have again emerged as central public policy issues and are at the intersection of the economic, environmental, and security challenges facing the nation and the world. The goal of significantly reducing greenhouse gas (GHG) emissions associated with energy production and consumption, while maintaining affordable and reliable energy supplies, is one of the most important issues. Among the strategies for achieving this goal, increasing the efficiency of energy consumption in buildings is being emphasized to a degree not seen since the 1970s. “End-use” efficiency is the core of the State of California’s landmark effort to reduce its GHG emissions, of other state and local climate-change initiatives, and is emphasized in emerging federal GHG abatement legislation. Both economic and engineering methods are used to analyze energy efficiency, but the two paradigms provide different perspectives on the market and technological factors that affect the diffusion of energy efficiency. These disparate perspectives influence what is considered the appropriate role and design of public policy for leveraging not just efficient end-use technology, but other sustainable energy technologies. We review the two approaches and their current roles in the GHG policy process by describing, for illustrative purposes, the U.S. Environmental Protection Agency’s assessment of energy efficiency in the American Clean Energy and Security Act of 2009 Discussion Draft. We highlight opportunities and needs for improved coordination between the engineering, economic and policy communities. Our view is that a better understanding of disciplinary differences and complementarities in perspectives and analytical methods between these communities will benefit the climate change policy process.


Author(s):  
Michele N Dempster

In light of the 2009 United Nations Copenhagen climate change conference, South Africa announced that in order to combat climate change it would commit to reducing domestic greenhouse gas (GHG) emissions by 34 per cent by 2020 and 42 per cent by 2025. Due to this commitment, a carbon tax will be implemented as from 1 January 2015. This market-based instrument has received broad attention sparking debate as industries most affected, namely Eskom and the petroleum sector, have rallied together in complaint. The main debate being that despite the politically ambitious commitment to reduce GHG emissions, little scientific, economic or comparative evidence has been given to show that an influence will actually be had on the amount of GHG emitted. The purpose of this article is not to provide a detailed analysis of the entire scope of the South African climate change policy. It focuses on the more limited issue of carbon taxation. This does not however mean that the numerous other competing policy options, which still beg for attention, are not viable or will not be implemented in the future.


Author(s):  
Karen Alvarenga Oliveira

This chapter examines the climate change policy of Brazil. In 2010 at the Sixteenth Conference of Parties in Cancún, Brazil announced its voluntary national target of significantly reducing greenhouse gas (GHG) emissions between 36.1 per cent and 38.9 per cent of projected emissions by 2020. These targets were defined in the Brazilian National Policy on Climate Change (PNMC). The PNMC establishes principles, guidelines, and economic instruments for reaching the national voluntary targets. It relies on sectoral plans for mitigation and adaptation to climate change in order to facilitate the move towards a low-carbon economy. The PNMC defined various aspects related to the measurement of goals, formulation of sectoral plans and of action plans for the prevention and control of deforestation in all Brazilian biomes, and governance structure.


Resources ◽  
2019 ◽  
Vol 8 (2) ◽  
pp. 63 ◽  
Author(s):  
Genovaitė Liobikienė ◽  
Mindaugas Butkus ◽  
Kristina Matuzevičiūtė

Energy taxes are one of the main market-based tools directed toward mitigating climate change in the European Union (EU). Therefore, the aim of this article was to analyze whether energy taxes really contribute to the reduction of greenhouse gas (GHG) emissions and the successful implementation of climate change policy. Applying the Granger causality test on time series and using panel data analysis, the direct and indirect (via the reduction of fossil energy consumption (FEC) and energy intensity (EI), as well as the increase of renewable energy consumption (REN)) impacts of energy taxes on GHG emissions in EU countries were analyzed in the present study. The results showed that energy taxes did not Granger-cause fossil energy consumption, energy intensity, renewable energy consumption, and GHG emissions in almost all EU countries. Regarding the panel data analysis, the results showed that energy taxes did not, directly and indirectly, influence GHG emissions. Therefore, this paper shows that generally, energy tax policy in EU countries is ineffective. Thus, tax policy should be reformed and matched with an emissions trading system in seeking climate change mitigation.


2008 ◽  
Vol 127 (1) ◽  
pp. 138-151
Author(s):  
Chris Russill

New Zealand's greenhouse gas emissions have increased significantly since 1990. This article examines how the fact of increasing emissions is discussed and given significance in New Zealand's national public discourse on climate change. Greenhouse gas emissions became a serious public concern on 17 June 2005, when the New Zealand government estimated a $307 million Kyoto Protocol liability in its 2005 financial statements. Conservative media coverage of this report emphasised governmental miscalculation, the financial liabilities generated by Kyoto Protocol regulations and a struggle between Climate Change Minister Peter Hodgson and industry voices over how to define the problem. This article links the arguments and discursive strategies used in the 17 June 2005 newspaper coverage of increasing greenhouse gas emissions to the institutional actors shaping New Zealand climate change policy. The increased effectiveness of industry challenges to government climate change policy is noted and discussed.


2013 ◽  
Vol 53 (2) ◽  
pp. 450
Author(s):  
Stephen Martin ◽  
Nathan Taylor

Policy uncertainty is a significant issue for all companies in the energy sector. It is particularly problematic when policy decisions are made to change the nature of the energy sector, both now and during the coming decades. Government climate change policy has the potential to reshape the exploration and development of both oil and gas reserves.The energy sector requires policy certainty to undertake long-term decisions. This can occur only when government makes socially sustainable, robust, and well-reasoned climate change policy. The core challenge is determining the merit of different choices given the magnitude of uncertainty that needs to be dealt with. Quantifying the uncertainty of technological innovation, future greenhouse gas emission costs, and capital and operating costs over time allows for the comparison of alternative policies to encourage the deployment of low-carbon technologies. A reliable and affordable supply of energy is a fundamental component to a vibrant economy. CEDA’s research project, Australia’s energy options, has sought to provide objective evidence for informed decision making. It has involved three policy perspectives examining Australia’s nuclear options: renewables and efficiency; unconventional energy options; and, a reform agenda that would enhance the energy sector’s efficiency, security, and effectiveness. This extended abstract builds on this extensive research and discusses how governments at all levels can deal with the uncertainty of climate change and make long-term decisions that will underpin investment decisions across the energy sector.


Environments ◽  
2021 ◽  
Vol 8 (3) ◽  
pp. 18
Author(s):  
Giovanni De Luca ◽  
Federica Pizzolante

Nowadays, climate change and global warming have become the main concerns worldwide. One of the main causes are the greenhouse gas (GHG) emissions produced by human activities, especially by the transportation sector. The adherence to international agreements and the implementation of climate change policy are necessary conditions for reducing environmental problems. This paper investigates the lead–lag relationship between Organization for Economic Co-operation and Development (OECD) and Annex I member countries on road transport emission performance focusing on the statistical analysis of the lead–lag relationships between the road transport emission time-series from 1970–2018 extracted by the Emissions Database for Global Atmospheric Research (EDGAR) database. The analysis was carried out using the cross-correlation function between each pair of the countries’ time-series considered. Empirical results confirm that some nations have been playing a role as leaders, while others as followers. Sweden can be considered the leader, followed by Germany and France. By analyzing their environmental policy history, we can figure out a common point that explains our results.


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