Enacting a Carbon Tax: How Do We Get There?

2019 ◽  
pp. 129-140
Author(s):  
Gilbert E. Metcalf

The final chapter lays out a policy framework for building political support to enact a carbon tax. The framework can focus policymakers on the task at hand and instill discipline in the legislative process. The carbon tax should be revenue neutral, contribute to fairness in the tax system, streamline climate policy, and lead to significant emission reductions over time. The chapter goes on to explain why those are key elements of a policy framework through which bipartisan support for a carbon tax could be possible.

Author(s):  
Peter Van Aelst

This chapter analyzes media malaise theories and their consequences for legitimacy. These theories argue that the increasing availability of information through new and old media and increasingly negative tone of media are to blame for declining legitimacy. The chapter examines these claims by providing a systematic review of empirical research on media and political support. It first investigates whether news coverage has become more negative over time, and then examines the micro process that might explain the link between media coverage and political support. Empirical evidence suggests that where coverage has become more negative, this occurred before the 1990s and has levelled off since, and is concentrated primarily in election news. Negative political news does have a modest impact on political support once controlled for level of education, but that effect can be positive and negative, depending on the medium, the receiver, and the indicator of political support.


Author(s):  
Richard S Collier

This book seeks to explain why and how banks ‘game the system’. More specifically, its objective is to account for why banks are so often involved in cases of misconduct and why those cases often involve the exploitation of tax systems. To do this, a case study is presented in Part I of the book. This case study concerns a highly complex transaction (often referred to as ‘cum-ex’) designed to exploit a flaw at the intersection of the tax system and the financial markets settlements system. It was entered into by a very large number of banks and other financial institutions. A number of factors make the cum-ex transaction remarkable, including the sheer scale of the financial amounts involved, the large number of banks and financial institutions involved, the comprehensive failure of the controls infrastructure in this highly regulated sector, and the fact that authorities across Europe have found it so difficult to deal with the transaction. Part II of the book draws out the wider significance of cum-ex and what it tells us about modern banks and their interactions with tax systems. The account demonstrates why the exploitation of tax systems by banks is practically inevitable due to a variety of systemic features of the financial markets and of tax systems themselves. A number of possible responses to the current position are suggested in the final chapter.


2013 ◽  
Vol 48 (2) ◽  
pp. 70-71 ◽  
Author(s):  
Richard S. J. Tol
Keyword(s):  

Author(s):  
E. Burkova

This article considers the most relevant component of the global environmental problem – the climate one. The article aims to identify the reaction of a national state to the global climate challenge. The subject of consideration is climate policy and, more broadly, the whole set of reactions of the political sphere of society to the global climate change. Among the tasks set by the author is to understand the nature of setting and solving new climatic environmental problems, to find out how they fit into national development strategies, to establish the interdependence of the climate ambitions of countries with the type of development, the carbon intensity of their economies, the structure of exports, the degree of energy independence. The solution of these tasks is carried out on the example of a number of new independent states (including CIS ones). A brief comparative analysis of these countries’ and the EU climate activities is carried out. The breakthrough event of the European environmental policy – the Green Deal of 2019 is taken as a starting point for the analysis. The main attention is paid to the key instrument of the EU climate policy today – the border carbon tax. Additional attention is paid to the observance of the principles of social justice in the implementation of new environmental activities (a just transition mechanism). The paper pays special attention to the role of Russia in the global climatic process. An assessment of the state of the climate segment of the environmental protection industry of our country, as well as the prospects for its development, is given.


2021 ◽  
Vol 2021 (015) ◽  
pp. 1-50
Author(s):  
Stephie Fried ◽  
◽  
Kevin Novan ◽  
William B. Peterman ◽  
◽  
...  

Uncertainty surrounding if and when the U.S. government will implement a federal climate policy introduces risk into the decision to invest in capital used in conjunction with fossil fuels. To quantify the macroeconomic impacts of this climate policy risk, we develop a dynamic, general equilibrium model that incorporates beliefs about future climate policy. We find that climate policy risk reduces carbon emissions by causing the capital stock to shrink and become relatively cleaner. Our results reveal, however, that a carbon tax could achieve the same reduction in emissions at less than half the cost.


2020 ◽  
pp. 226-232
Author(s):  
Mary Jean Corbett
Keyword(s):  
The Past ◽  

This chapter cites Annie Ernaux's final chapter of The Years, which stages a series of conversations between members of the older and younger Pargiter generations as they gather for a family party. It offers an understanding about how Virginia Woolf's relationship to the late-Victorian past changed as she aged over time. It also looks at Woolf's writings that are considered as “novel of fact” rather than “vision,” which have many determinants of the female descendant who seeks something from the ancestor's portrait. The chapter elaborates how The Years turns away from an idealized maternal past that is predicated on the identifications with men. It talks about embracing the models for public action that is caused by the problematic commitments of most feminist reformers in the past.


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