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| Stavins, Robert N.. |
| There is growing impetus for a domestic U.S. climate policy that can provide meaningful reductions in emissions of CO2 and other greenhouse gases. I describe and analyze an up- stream, economy-wide CO2 cap-and-trade system which implements a gradual trajectory of emissions reductions (with inclusion over time of non-CO2 greenhouse gases), and includes mechanisms to reduce cost uncertainty. Initially, half of the allowances are allocated through auction and half through free distribution, with the share being auctioned gradually increasing to 100 percent over 25 years. The system provides for linkage with emission reduction credit projects in other countries, harmonization over time with effective cap-and-trade systems in other countries and regions, and... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Cap-and-Trade System; Carbon Dioxide; Greenhouse Gas Emissions; Global Climate Change; Carbon Taxes; Q540; Q280; Q380; Q480; Q580. |
| Ano: 2008 |
URL: http://purl.umn.edu/42920 |
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| Tol, Richard S.J.. |
| A simulation model of international tourist flows is used to estimate the impact of a carbon tax on aviation fuel. The effect of the tax on travel behaviour is small: a global $1000/tC would change travel behaviour to reduce carbon dioxide emissions from international aviation by 0.8%. This is because the imposed tax is probably small relative to the air fare. A $1000/tC tax would less than double air fares, and have a smaller impact on the total cost of the holiday. In addition, the price elasticity is low. A carbon tax on aviation fuel would particularly affect long-haul flights, because of high emissions, and short-haul flights, because of the emission during take-off and landing. Medium distance flights would be affected least. This implies that... |
| Tipo: Working or Discussion Paper |
Palavras-chave: International Tourism; Tax; Carbon Dioxide; Aviation; Environmental Economics and Policy; International Relations/Trade; L83; L93; Q54. |
| Ano: 2007 |
URL: http://purl.umn.edu/9327 |
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