The impact of electric passenger transport technology under an economy-wide climate policy in the United States: Carbon dioxide emissions, coal use, and carbon dioxide capture and storage

This chapter reviews the nuts and bolts of implementing a carbon tax. Invoking principles of administrative simplicity, ease of compliance, and avoidance of design features that dilute the price signal, it gives practical advice on who should be responsible for collecting the tax and remitting it to the government. It explains how the tax should handle the possibility that we can capture and permanently store carbon dioxide emissions and how we should tax emissions related to internationally traded goods so the United States is not disadvantaged in global trade. Finally, it identifies, and warns policymakers away from, various pitfalls in carbon tax design.

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China’s New National Carbon Market

AEA Papers and Proceedings ◽

10.1257/pandp.20181029 ◽

2018 ◽

Vol 108 ◽

pp. 463-467 ◽

Cited By ~ 8

Author(s):

William A. Pizer ◽

Xiliang Zhang

Keyword(s):

United States ◽

Carbon Dioxide ◽

Carbon Dioxide Emissions ◽

Emissions Trading ◽

The United States ◽

Carbon Market ◽

Trading System ◽

Pilot Programs ◽

Tradable Permit ◽

Emissions Trading System

On December 19, 2017, China announced the official start of its national emissions trading system (ETS) construction program. When fully implemented, this program will more than double the volume of worldwide carbon dioxide emissions covered by either tax or tradable permit policy. Many of program's design features reflect those of China's pilot programs but differ from those of most emissions trading programs in the United States and Europe. This paper explains the context and design of China's new carbon market, discusses implications and possible modifications, and suggests topics for further research.

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Deploying Carbon Capture and Storage in Europe and the United States: A Comparative Analysis

Journal for European Environmental & Planning Law ◽

10.1163/187601007x00280 ◽

2007 ◽

Vol 4 (5) ◽

pp. 343-352 ◽

Cited By ~ 2

Author(s):

Andrew J. Gibbons ◽

Elizabeth JI. Wilson

Keyword(s):

United States ◽

Climate Policy ◽

Carbon Capture ◽

Carbon Capture And Storage ◽

The United States ◽

The European Union ◽

Political Climate ◽

Term Care ◽

And Storage ◽

The U.S

AbstractCarbon capture and storage could play an important role as a near-term bridging technology, enabling deep reductions from greenhouse gas emissions while still allowing use of inexpensive fossil fuels. However, filling this technological promise requires resolution of key regulatory and legal uncertainties surrounding both human and ecological health, integration within a larger climate policy, and clear assignment of responsibility and liability for long-term care. Deployment of CCS projects in the European Union (E.U.) and the United States (U.S.) may be technologically similar, but will be contextually different. In this paper, we explore the existing energy, policy, regulatory and legal climates that will necessitate different approaches for deployment. The high U.S. dependence on coal makes CCS very important if the U.S. is to achieve deep emissions reductions, while in the E.U. an established climate policy, the importance of off shore projects, and a supportive political climate are favorable to CCS deployment. Additionally, in Europe, regulators must clarify the classification of CO2 within E.U. and international regulations governing on and offshore projects, whereas in the U.S. subsurface property rights, abandoned wells, and state-level jurisdictional difference will play important roles.

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