Canada’s Carbon Price Floor

Download Canada’s Carbon Price Floor PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484345193
Total Pages : 27 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis Canada’s Carbon Price Floor by : Ian W.H. Parry

Download or read book Canada’s Carbon Price Floor written by Ian W.H. Parry and published by International Monetary Fund. This book was released on 2018-03-08 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pan-Canadian approach to carbon pricing, announced in October 2016, ensures that carbon pricing applies throughout Canada in 2018, with increasing stringency over time to reduce emissions. Canadian provinces and territories have the flexibility to either implement an explicit price-based system—with a minimum price of CAN $10 per tonne of carbon dioxide equivalent in 2018, increasing to CAN $50 per tonne by 2022—or an equivalently scaled emissions trading system. This paper discusses the rationale for, and design of, the price floor requirement; its (provincial-level) environmental, fiscal, and economic welfare impacts; monitoring issues; and (national-level) incidence. The general conclusion is that the welfare costs and implementation issues are manageable, and pricing provides significant new revenues. A challenge is that the floor price by itself appears well short of what will be needed by 2030 for Canada’s Paris Agreement pledge.

Canada’s Carbon Price Floor

Download Canada’s Carbon Price Floor PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484346548
Total Pages : 27 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis Canada’s Carbon Price Floor by : Ian W.H. Parry

Download or read book Canada’s Carbon Price Floor written by Ian W.H. Parry and published by International Monetary Fund. This book was released on 2018-03-08 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pan-Canadian approach to carbon pricing, announced in October 2016, ensures that carbon pricing applies throughout Canada in 2018, with increasing stringency over time to reduce emissions. Canadian provinces and territories have the flexibility to either implement an explicit price-based system—with a minimum price of CAN $10 per tonne of carbon dioxide equivalent in 2018, increasing to CAN $50 per tonne by 2022—or an equivalently scaled emissions trading system. This paper discusses the rationale for, and design of, the price floor requirement; its (provincial-level) environmental, fiscal, and economic welfare impacts; monitoring issues; and (national-level) incidence. The general conclusion is that the welfare costs and implementation issues are manageable, and pricing provides significant new revenues. A challenge is that the floor price by itself appears well short of what will be needed by 2030 for Canada’s Paris Agreement pledge.

The Citizen's Guide to Climate Success

Download The Citizen's Guide to Climate Success PDF Online Free

Author :
Publisher : Cambridge University Press
ISBN 13 : 1108479375
Total Pages : 307 pages
Book Rating : 4.1/5 (84 download)

DOWNLOAD NOW!


Book Synopsis The Citizen's Guide to Climate Success by : Mark Jaccard

Download or read book The Citizen's Guide to Climate Success written by Mark Jaccard and published by Cambridge University Press. This book was released on 2020-02-06 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shows readers how we can all help solve the climate crisis by focusing on a few key, achievable actions.

Energy and Natural Resources Policy

Download Energy and Natural Resources Policy PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

DOWNLOAD NOW!


Book Synopsis Energy and Natural Resources Policy by :

Download or read book Energy and Natural Resources Policy written by and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: To improve Canada's prospects for achieving a single economy-wide carbon price and cost-effective emissions reductions, the federal government should introduce a national carbon price floor and a federal carbon tax to work alongside provincial carbon-pricing policies. [...] This E-Brief accordingly recommends that the federal government: • take an active role in carbon pricing with the aim of achieving a single economy-wide carbon price and improving the cost effectiveness of emissions reductions in Canada; • implement a national carbon price floor and a federal carbon tax, to work alongside decentralized provincial policies to reduce - and eventually eliminate - car [...] Making the Case for a Single Carbon Price A single price on carbon would ensure that the marginal cost of abatement - that is, the cost of an additional one tonne reduction in emissions - is equal across provinces. [...] The expansion of the regional carbon market is cause for optimism, since carbon price differentials between covered emitters in Ontario and Quebec will be eliminated.3 Recent modelling analysis finds that, compared to a stand-alone scheme, an Ontario cap-and-trade system linked to Quebec and California could achieve the province's 2020 emissions- reduction target with a lower carbon price, smaller [...] The carbon-pricing provinces have implemented policies to deal with competitiveness and leakage issues, but this approach does not ensure a level playing field between the provinces or between Canada and its competitors, and makes the federal government's task of implementing economy-wide measures considerably more complex.7 A Role for the Federal Government The decentralized, interprovincial appr.

Carbon Pricing: What Role for Border Carbon Adjustments?

Download Carbon Pricing: What Role for Border Carbon Adjustments? PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1513594540
Total Pages : 22 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!


Book Synopsis Carbon Pricing: What Role for Border Carbon Adjustments? by : Ian W.H. Parry

Download or read book Carbon Pricing: What Role for Border Carbon Adjustments? written by Ian W.H. Parry and published by International Monetary Fund. This book was released on 2021-09-27 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Climate Note discusses the rationale, design, and impacts of border carbon adjustments (BCAs), charges on embodied carbon in imports potentially matched by rebates for embodied carbon in exports. Large disparities in carbon pricing between countries is raising concerns about competitiveness and emissions leakage, and BCAs are a potentially effective instrument for addressing such concerns. Design details are critical, however. For example, limiting coverage of the BCA to energy-intensive, trade-exposed industries facilitates administration, and initially benchmarking BCAs on domestic emissions intensities would help ease the transition for emissions-intensive trading partners. It is also important to consider how to apply BCAs across countries with different approaches to emissions mitigation. BCAs are challenging because they pose legal risks and may be at odds with the differentiated responsibilities of developing countries. Furthermore, BCAs provide only modest incentives for other large emitting countries to scale carbon pricing—an international carbon price floor would be far more effective in this regard.

The Poverty and Distributional Impacts of Carbon Pricing: Channels and Policy Implications

Download The Poverty and Distributional Impacts of Carbon Pricing: Channels and Policy Implications PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 151357339X
Total Pages : 32 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!


Book Synopsis The Poverty and Distributional Impacts of Carbon Pricing: Channels and Policy Implications by : Baoping Shang

Download or read book The Poverty and Distributional Impacts of Carbon Pricing: Channels and Policy Implications written by Baoping Shang and published by International Monetary Fund. This book was released on 2021-06-25 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addressing the poverty and distributional impacts of carbon pricing reforms is critical for the success of ambitious actions in the fight against climate change. This paper uses a simple framework to systematically review the channels through which carbon pricing can potentially affect poverty and inequality. It finds that the channels differ in important ways along several dimensions. The paper also identifies several key gaps in the current literature and discusses some considerations on how policy designs could take into account the attributes of the channels in mitigating the impacts of carbon pricing reforms on households.

Global Carbon Pricing

Download Global Carbon Pricing PDF Online Free

Author :
Publisher : MIT Press
ISBN 13 : 0262340399
Total Pages : 270 pages
Book Rating : 4.2/5 (623 download)

DOWNLOAD NOW!


Book Synopsis Global Carbon Pricing by : Peter Cramton

Download or read book Global Carbon Pricing written by Peter Cramton and published by MIT Press. This book was released on 2017-06-16 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why the traditional “pledge and review” climate agreements have failed, and how carbon pricing, based on trust and reciprocity, could succeed. After twenty-five years of failure, climate negotiations continue to use a “pledge and review” approach: countries pledge (almost anything), subject to (unenforced) review. This approach ignores everything we know about human cooperation. In this book, leading economists describe an alternate model for climate agreements, drawing on the work of the late Nobel laureate Elinor Ostrom and others. They show that a “common commitment” scheme is more effective than an “individual commitment” scheme; the latter depends on altruism while the former involves reciprocity (“we will if you will”). The contributors propose that global carbon pricing is the best candidate for a reciprocal common commitment in climate negotiations. Each country would commit to placing charges on carbon emissions sufficient to match an agreed global price formula. The contributors show that carbon pricing would facilitate negotiations and enforcement, improve efficiency and flexibility, and make other climate policies more effective. Additionally, they analyze the failings of the 2015 Paris climate conference. Contributors Richard N. Cooper, Peter Cramton, Ottmar Edenhofer, Christian Gollier, Éloi Laurent, David JC MacKay, William Nordhaus, Axel Ockenfels, Joseph E. Stiglitz, Steven Stoft, Jean Tirole, Martin L. Weitzman

Intergovernmental Relations

Download Intergovernmental Relations PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 286 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!


Book Synopsis Intergovernmental Relations by : Richard Simeon

Download or read book Intergovernmental Relations written by Richard Simeon and published by . This book was released on 1985 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Designing Climate Solutions

Download Designing Climate Solutions PDF Online Free

Author :
Publisher : Island Press
ISBN 13 : 1610919564
Total Pages : 374 pages
Book Rating : 4.6/5 (19 download)

DOWNLOAD NOW!


Book Synopsis Designing Climate Solutions by : Hal Harvey

Download or read book Designing Climate Solutions written by Hal Harvey and published by Island Press. This book was released on 2018-11-01 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the effects of climate change already upon us, the need to cut global greenhouse gas emissions is nothing less than urgent. It’s a daunting challenge, but the technologies and strategies to meet it exist today. A small set of energy policies, designed and implemented well, can put us on the path to a low carbon future. Energy systems are large and complex, so energy policy must be focused and cost-effective. One-size-fits-all approaches simply won’t get the job done. Policymakers need a clear, comprehensive resource that outlines the energy policies that will have the biggest impact on our climate future, and describes how to design these policies well. Designing Climate Solutions: A Policy Guide for Low-Carbon Energy is the first such guide, bringing together the latest research and analysis around low carbon energy solutions. Written by Hal Harvey, CEO of the policy firm Energy Innovation, with Robbie Orvis and Jeffrey Rissman of Energy Innovation, Designing Climate Solutions is an accessible resource on lowering carbon emissions for policymakers, activists, philanthropists, and others in the climate and energy community. In Part I, the authors deliver a roadmap for understanding which countries, sectors, and sources produce the greatest amount of greenhouse gas emissions, and give readers the tools to select and design efficient policies for each of these sectors. In Part II, they break down each type of policy, from renewable portfolio standards to carbon pricing, offering key design principles and case studies where each policy has been implemented successfully. We don’t need to wait for new technologies or strategies to create a low carbon future—and we can’t afford to. Designing Climate Solutions gives professionals the tools they need to select, design, and implement the policies that can put us on the path to a livable climate future.

The Economics of Welfare

Download The Economics of Welfare PDF Online Free

Author :
Publisher : Transaction Publishers
ISBN 13 : 1412836670
Total Pages : 948 pages
Book Rating : 4.4/5 (128 download)

DOWNLOAD NOW!


Book Synopsis The Economics of Welfare by : Arthur Cecil Pigou

Download or read book The Economics of Welfare written by Arthur Cecil Pigou and published by Transaction Publishers. This book was released on 2000 with total page 948 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fiscal Monitor, October 2019

Download Fiscal Monitor, October 2019 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1513515322
Total Pages : 96 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!


Book Synopsis Fiscal Monitor, October 2019 by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book Fiscal Monitor, October 2019 written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2019-10-10 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report emphasizes the environmental, fiscal, economic, and administrative case for using carbon taxes, or similar pricing schemes such as emission trading systems, to implement climate mitigation strategies. It provides a quantitative framework for understanding their effects and trade-offs with other instruments and applies it to the largest advanced and emerging economies. Alternative approaches, like “feebates” to impose fees on high polluters and give rebates to cleaner energy users, can play an important role when higher energy prices are difficult politically. At the international level, the report calls for a carbon price floor arrangement among large emitters, designed flexibly to accommodate equity considerations and constraints on national policies. The report estimates the consequences of carbon pricing and redistribution of its revenues for inequality across households. Strategies for enhancing the political acceptability of carbon pricing are discussed, along with supporting measures to promote clean technology investments.

Fiscal Policies for Paris Climate Strategies—from Principle to Practice

Download Fiscal Policies for Paris Climate Strategies—from Principle to Practice PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498310796
Total Pages : 109 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Fiscal Policies for Paris Climate Strategies—from Principle to Practice by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book Fiscal Policies for Paris Climate Strategies—from Principle to Practice written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2019-05-02 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the role of, and provides practical country-level guidance on, fiscal policies for implementing climate strategies using a unique and transparent tool laying out trade-offs among policy options.

Paying for Pollution

Download Paying for Pollution PDF Online Free

Author :
Publisher : Oxford University Press, USA
ISBN 13 : 019069419X
Total Pages : 201 pages
Book Rating : 4.1/5 (96 download)

DOWNLOAD NOW!


Book Synopsis Paying for Pollution by : Gilbert E. Metcalf

Download or read book Paying for Pollution written by Gilbert E. Metcalf and published by Oxford University Press, USA. This book was released on 2019-01-10 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change : what's the big deal? -- Business as usual : what are the costs? -- Why do economists like a carbon tax? -- Isn't there a better way? (No, there isn't) -- Cap and trade : the other way to price pollution -- What to do with $200 billion : give it back -- So you want a carbon tax : how do you design it? -- Objections to a carbon tax -- Enacting a carbon tax: how do we get there? -- Afterword : what next? -- References -- Notes

Canada

Download Canada PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1513574264
Total Pages : 79 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!


Book Synopsis Canada by : International Monetary Fund. Western Hemisphere Dept.

Download or read book Canada written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2021-03-18 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Canadian economy was operating at close to capacity and had strong policy buffers when the COVID-19 pandemic hit. Economic and social restrictions put in place in March 2020 helped to mitigate the first wave of the virus, but they came at a significant cost. There was an unprecedented decline in activity in the first half of 2020, followed by a strong rebound in the third quarter as virus-related restrictions were eased. With the onset of the second wave of the virus in late September sparking renewed restrictions across the country, the recovery has slowed. Looking ahead, the strength and durability of the recovery hinges on the evolution of the pandemic.

OECD Economic Surveys: Canada 2021

Download OECD Economic Surveys: Canada 2021 PDF Online Free

Author :
Publisher : OECD Publishing
ISBN 13 : 926480479X
Total Pages : 130 pages
Book Rating : 4.2/5 (648 download)

DOWNLOAD NOW!


Book Synopsis OECD Economic Surveys: Canada 2021 by : OECD

Download or read book OECD Economic Surveys: Canada 2021 written by OECD and published by OECD Publishing. This book was released on 2021-03-11 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Canada’s vaccine rollout is bringing the prospect of an end to the COVID-19 crisis and a pick-up in output growth is expected. An ultra-low policy rate and other monetary measures continue to provide substantial support for the economy and fiscal support for households and businesses has been substantial.

The Distributional Implications of the Impact of Fuel Price Increases on Inflation

Download The Distributional Implications of the Impact of Fuel Price Increases on Inflation PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1616356154
Total Pages : 34 pages
Book Rating : 4.6/5 (163 download)

DOWNLOAD NOW!


Book Synopsis The Distributional Implications of the Impact of Fuel Price Increases on Inflation by : Mr. Kangni R Kpodar

Download or read book The Distributional Implications of the Impact of Fuel Price Increases on Inflation written by Mr. Kangni R Kpodar and published by International Monetary Fund. This book was released on 2021-11-12 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.

Belize

Download Belize PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484385519
Total Pages : 63 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis Belize by : International Monetary Fund. Western Hemisphere Dept.

Download or read book Belize written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2018-11-16 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: Belize is exceptionally vulnerable to natural disasters and climate change. It already faces hurricanes, flooding, sea level rise, coastal erosion, coral bleaching, and droughts, with impacts likely to intensify given expected increases in weather volatility and sea temperature. Hence, planning for resilience-building, and engagement with development partners on environmental reforms, have been central to Belizean policymaking for many years, since well before Belize submitted its Nationally Determined Contribution (NDC) to the Paris Accord in 2015. This Climate Change Policy Assessment (CCPA) takes stock of Belize’s plans to manage its climate response, from the perspective of their macroeconomic and fiscal implications. The CCPA is a joint initiative by the IMF and World Bank to assist small states to understand and manage the expected economic impact of climate change, while safeguarding long-run fiscal and external sustainability. It explores the possible impact of climate change and natural disasters on the macroeconomy and the cost of Belize’s planned response. It suggests macroeconomically relevant reforms that could strengthen the likelihood of success of the national strategy and identifies policy gaps and resource needs.