The Limits of Pricing Carbon

Climate Law ◽  
2014 ◽  
Vol 4 (1-2) ◽  
pp. 107-118
Author(s):  
David M. Driesen
Keyword(s):  
Fuel Economy ◽  
Fossil Fuel ◽  
Carbon Tax ◽  
Cap And Trade ◽  
Effective Mechanism ◽  
Carbon Abatement

Many analysts agree that we need to put a price on carbon through either a carbon tax or a cap-and-trade program. And yet, some of the most dramatic successes in carbon abatement have come from policies that do not put a price on carbon. This article considers some of the limits to price as an effective mechanism for transformation of the fossil fuel economy.

scholarly journals Carbon Leakage Along with the Green Paradox Against Carbon Abatement? A Review Based on Carbon Tax

2020 ◽  
Vol 20 (1) ◽  
pp. 25-44
Author(s):  
Sahin Akkaya ◽  
Ufuk Bakkal
Keyword(s):  
Interest Rates ◽  
Carbon Emissions ◽  
Fossil Fuels ◽  
Fossil Fuel ◽  
Carbon Tax ◽  
Relevant Literature ◽  
Carbon Leakage ◽  
Carbon Abatement ◽  
Green Paradox ◽  
Global Carbon

AbstractResearch background: Insufficient global cooperation in carbon pricing against global warming has the risk of global carbon emissions rise because of carbon leakage. The effect of a carbon tax on the present supply of fossil fuels is also valuable in regard to global carbon emissions.Purpose: The purpose of this study is to gain more insights into the effects of carbon leakage along with the green paradox on global carbon emissions by reviewing the relevant literature.Research methodology: We provide the problem linked to carbon leakage and the green paradox in the introduction. Then, the effects of carbon leakage and the green paradox on global carbon emissions are elaborated separately. Finally the mutual effects of carbon leakage and the green paradox are reviewed comprehensively.Results: It is seen that various factors like interest rates, fossil fuel extraction costs, the fossil fuel reserves to be discovered in the future and carbon tax incidence are equally important determinants in regard to global carbon emissions.Novelty: This study provides an insight into the mutual effects of carbon leakage and the green paradox on global carbon emissions by reviewing the primary literature in the field.

scholarly journals Carbon tax or cap-and-trade: Which is more viable for Chinese remanufacturing industry?

2020 ◽  
Vol 243 ◽  
pp. 118606 ◽  
Author(s):  
Xu Hu ◽  
Zhaojun Yang ◽  
Jun Sun ◽  
Yali Zhang
Keyword(s):  
Carbon Tax ◽  
Cap And Trade

The Hydrogen Economy and Carbon Abatement – Implications and Challenges for Wind Energy

2003 ◽  
Vol 27 (4) ◽  
pp. 239-256 ◽  
Author(s):  
A G Dutton
Keyword(s):  
Power Systems ◽  
Fossil Fuels ◽  
Fossil Fuel ◽  
Wind Farms ◽  
Water Electrolysis ◽  
Offshore Wind ◽  
Carbon Abatement ◽  
Offshore Wind Farms ◽  
Conventional Alternative ◽  
Economic Criteria

Hydrogen is a leading contender to become an alternative to fossil fuel for transport and for heat and power systems. The potential for the integration of water electrolysis systems in land based and offshore wind farms is explored and compared with the conventional alternative – steam reforming of methane. Depending on the specific production technology, hydrogen can displace fossil fuels and so reduce or completely remove the emission of carbon dioxide and other pollutants. This paper examines the principal technologies for producing hydrogen and shows how the eventual choice is likely to depend as much on political and legislative factors as on economic criteria.

Did TV ads funded by fossil fuel industry defeat the Washington carbon tax?

2019 ◽  
Vol 158 (3-4) ◽  
pp. 301-307
Author(s):  
Steven M. Karceski ◽  
Nives Dolšak ◽  
Aseem Prakash ◽  
Travis N. Ridout
Keyword(s):  
Fossil Fuel ◽  
Carbon Tax ◽  
Fossil Fuel Industry ◽  
Fuel Industry

Analysis on Trilateral Game of Government Agency, Emission-Dependent Firm and Carbon Verification Institutions under Cap-and-Trade Scheme

2015 ◽  
Vol 1092-1093 ◽  
pp. 1585-1590
Author(s):  
Mei Wen ◽  
Jun Zeng ◽  
Ming Qiu
Keyword(s):  
Carbon Emission ◽  
Environmental Regulations ◽  
Optimal Strategies ◽  
Government Agency ◽  
Game Model ◽  
Cap And Trade ◽  
Carbon Abatement ◽  
The World ◽  
Reduce Carbon Emission ◽  
The Government

To reduce carbon emission, cap-and-trade (C&T) is regarded as one of the effective environmental regulations around the world, which brings huge challenges to generating firms. In this paper, a tripartite game model on carbon abatement is built to analyze their optimal strategies under the C&T scheme. Based on the equilibrium of the game, some suggestions are presented to give the government agency to promote the efficiency of C&T scheme, that is, introducing carbon verification institution and doing heavier fine to firm will decrease the probability of firm deception and relieve the burden of the government agency; setting reward to carbon verification institution and an appropriate increase in fine of carbon verification institution will decrease the probability of supervisor inspection, further saving supervision costs.

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