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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Impact of carbon taxation on the UK economy. P. Ekins. Energy Policy, July 1994, 22(7), 571--579.
Consideration is given to the likely macroeconomic impact of imposing carbon tax at levels sufficient to reduce CO2 emissions significantly. The probability of such a tax entailing substantial economic costs is discussed, as are possible positive effects of the use of such carbon tax revenues to reduce distortionary taxes elsewhere in the economy together with innovation and improved efficiency in the energy sector. It is concluded that providing the tax is imposed and modelled appropriately, a neutral macroeconomic outcome from such a tax could be achieved. 36 refs.
Abstract details
Journal title: Energy policy
Subjects: Protection of ambient air and climate, Professional services, Banking, finance and investment, Research and development, Economics, business and commerce, Retail and marketing, Taxation, Energy policy, Carbon emissions, Carbon taxation
