Do we really need a carbon tax?

Клименко, В. В.; Mikushina, O. V.; Tereshin, A. G.

doi:10.1016/s0306-2619(99)00104-x

Cited by 14 publications

(4 citation statements)

References 1 publication

Supporting

Mentioning

Contrasting

Order By: Relevance

“…It is suggested that a carbon tax might simultaneously stimulate economic activity while reducing emissions and thus secure a double dividend, but only for the case in which the revenue is recycled through income tax. Klimenko, Mikushina, and Tereshin [21] put forward that a carbon tax would lead to the price rise of fuel and electricity, significantly affecting the quality of people's life.…”

Section: Introductionmentioning

confidence: 99%

Macro and Structural Effects of Carbon Tax in China Based on the ECGE Model

Wu¹,

Li²,

Zhang³

et al. 2019

Pol. J. Environ. Stud.

View full text Add to dashboard Cite

Rapid economic development has brought great pressure to China. Carbon tax could be an ideal economic tool to cope with the environmental pressure. The implementation of carbon tax will exert an influence on the national and sectoral economies as well as reduction. However, few researchers have focused on the carbon tax effect at the sectoral level. Based on SAM 2012, this study develops an ECGE model consisting of the environment module. Then the macro and structural effects of carbon tax are simulated at tax rates of 10-100 yuan/t CO 2 in China. Simulation results show that compared with the baseline: 1) Carbon tax has a mild strike on the GDP of China and is effective at reducing emissions. Furthermore, we found that a carbon tax rate of 70 yuan/t CO 2 may be an appropriate rate to achieve the Chinese reduction target of carbon intensity in the year 2020. 2) Carbon tax induces an output shrinkage in energy or high-energy-consuming industries by 0.95-7.65%, while there is a slight increase in low-energy-consuming industries. The mining and washing of coal industry (coal) experiences the largest decrease in CO 2 emissions and the light industry (lindus) experiences the sharpest decline in carbon intensity.

show abstract

Section: Introductionmentioning

confidence: 99%

Macro and Structural Effects of Carbon Tax in China Based on the ECGE Model

Wu¹,

Li²,

Zhang³

et al. 2019

Pol. J. Environ. Stud.

View full text Add to dashboard Cite

show abstract

“…The world's leading CO 2 ‐emitting countries, like the USA, China, and Canada, should make a serious legislative effort and convince the domestic industry to implement carbon tax. In the long term, carbon tax will be more effective as a climate‐protection strategy if parallel adequate measures are taken for plantation growth and forest preservation …”

Section: Introductionmentioning

confidence: 99%

Post‐combustion CO₂ capture with chemical absorption and hybrid system: current status and challenges

et al. 2018

View full text Add to dashboard Cite

Post-combustion CO 2 capture from the power and industrial sectors has gained widespread attention due to its ability to retrofit easily with newly installed and existing plants. This state-of-the-art, updated review provides an overview of technical issues in post-combustion CO 2 capture related to process performance, energy requirements for CO 2 capture, and inconsistencies in the prediction of CO 2 capture cost. Recent updates are presented regarding chemical absorption-desorption systems, and particularly CO 2 absorption and solubility enhancement studies, absorber operation at elevated pressure, recent developments in absorber configuration, and methods for reducing the heat duty of strippers. Furthermore, recently developed post-combustion hybrid techniques such as the membrane-absorbent hybrid process, the membrane-cryogenic hybrid process, the membrane-adsorption hybrid process, the absorption-electrolysis hybrid process, and the solar thermal electrochemical process (STEP) are discussed. Finally, we suggest areas for improvement and indicate that there are significant future prospects for post-combustion CO 2 capture. C

show abstract

“…However, this particular report and many other such reports have meanwhile been added to the public discourse, and the academic literature is unanimous in the assessment of these types of taxes as a cost-effective instrument to internalize externalities [4], and yet, most countries have not implemented such as tax. Criticism came, on one hand, from questioning the science of climate change and its potential human contribution as well as its harm to society [5,6], and on the other hand were based on doubting the effectiveness of a carbon tax [3,5,7,8]. However, with the impetus of ongoing international climate negotiations and the increasing urgency of action following the Paris negotiation, the carbon tax as an economic instrument for climate change mitigation has received increasing attention.…”

Section: Introductionmentioning

confidence: 99%