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Pricing Carbon
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Book Synopsis Can We Price Carbon? by : Barry G. Rabe
Download or read book Can We Price Carbon? written by Barry G. Rabe and published by MIT Press. This book was released on 2018-04-20 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: A political science analysis of the feasibility and sustainability of carbon pricing, drawing from North American, European, and Asian case studies. Climate change, economists generally agree, is best addressed by putting a price on the carbon content of fossil fuels—by taxing carbon, by cap-and-trade systems, or other methods. But what about the politics of carbon pricing? Do political realities render carbon pricing impracticable? In this book, Barry Rabe offers the first major political science analysis of the feasibility and sustainability of carbon pricing, drawing upon a series of real-world attempts to price carbon over the last two decades in North America, Europe, and Asia. Rabe asks whether these policies have proven politically viable and, if adopted, whether they survive political shifts and managerial challenges over time. The entire policy life cycle is examined, from adoption through advanced implementation, on a range of pricing policies including not only carbon taxes and cap-and-trade but also such alternative methods as taxing fossil fuel extraction. These case studies, Rabe argues, show that despite the considerable political difficulties, carbon pricing can be both feasible and durable.
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
Book Synopsis Pricing Carbon Emissions by : Aviel Verbruggen
Download or read book Pricing Carbon Emissions written by Aviel Verbruggen and published by Routledge. This book was released on 2021-06-15 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pricing Carbon Emissions provides an economic critique on the utopian idea of a uniform carbon price for addressing rising carbon emissions, exposing the flaws in the economic propositions with a key focus on the EU’s Emissions Trading System (ETS). After an Executive Summary of the contents, the chapters build up understanding of orthodox economics’ role in protecting the neoliberal paradigm. A salient case, the ETS is successful in shielding the Business-as-Usual activities of the EU’s industry, however this book argues that the system fails in creating innovation for decarbonizing production technologies. A subsequent political economy analysis by the author points to the discursive power of giant fossil fuel and electricity companies keeping up a façade of Cap-and-Trade utopia and hiding the reality of free permit donations and administrative price control, concealing financial bills mostly paid by household electricity customers. The twilights between reality and utopia in the EU’s ETS are exposed, concluding an immediate end of the system is necessary for effective and just climate policy. The work argues that the proposition of shifting to a global uniform carbon tax is equally utopian. In practice, a uniform price applied on heterogeneous cases is not a source of benefits but one of ad-hoc adjustments, exceptions, and exemptions. Carbon pricing does not induce innovation, however assumed by the economic models used by IPCC for advising global climate policy. Thus, it is persuasively demonstrated by the author that these schemes are doomed to failure and room and resources need to be created for more effective and just climate politics. The book’s conclusion is based on economic arguments, complementing the critique of political scientists. This book is written for a broad audience interested in climate policy eager to understand why decarbonizing progress is slow as it is. It marks a significant addition to the literature on climate politics, carbon pricing and the political economy of the environment more broadly. The Open Access version of this book, available at www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.
Book Synopsis OECD Series on Carbon Pricing and Energy Taxation Effective Carbon Rates 2021 Pricing Carbon Emissions through Taxes and Emissions Trading by : OECD
Download or read book OECD Series on Carbon Pricing and Energy Taxation Effective Carbon Rates 2021 Pricing Carbon Emissions through Taxes and Emissions Trading written by OECD and published by OECD Publishing. This book was released on 2021-05-05 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Carbon pricing very effectively encourages the shift of production and consumption choices towards low and zero carbon options that is required to limit climate change. Are countries using this tool to its full potential? This report measures the pricing of CO2-emissions from energy use in 44 OECD and G20 countries, covering around 80% of world emissions.
Book Synopsis Pricing Carbon in Australia by : Rebecca Pearse
Download or read book Pricing Carbon in Australia written by Rebecca Pearse and published by Routledge. This book was released on 2017-11-08 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the mid-2000s it seemed that the global carbon market would take off and spark the worldwide transition to a profitable low carbon economy. A decade on, the experiment in carbon trading is failing. Carbon market schemes have been plagued by problems and resistance to carbon pricing has come from the political Left and Right. In the Australian case, a national emissions trading scheme (ETS) was dismantled after a long, bitter public debate. The replacement ‘Direct Action Plan’ is also in disrepute. Pricing Carbon in Australia examines the rise and fall of the ETS in Australia between 2007 and 2015, exploring the underlying contradictions of marketised climate policy in detail. Through this and other international examples, the book offers a critique of the political economy of marketised climate policy, exploring why the hopes for global carbon trading have been dashed. The Australian case is interpreted in light of a broader legitimation crisis as state strategies for (temporarily) displacing the climate crisis continue to fail. Importantly, in the wake of carbon market failure, alternative agendas for state action are emerging as campaigns for the retrenchment of fossil fuel assets and for just renewable energy transition continue transforming climate politics and policy as we know it. This book is a valuable resource for practitioners and academics in the fields of environmental policy and politics and social movement studies.
Book Synopsis Governing the Climate-Energy Nexus by : Fariborz Zelli
Download or read book Governing the Climate-Energy Nexus written by Fariborz Zelli and published by Cambridge University Press. This book was released on 2020-07-16 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analysing the interactions between institutions in the climate change and energy nexus, including the consequences for their legitimacy and effectiveness. Prominent researchers from political science and international relations compare three policy domains: renewable energy, fossil fuel subsidy reform, and carbon pricing. This title is also available as Open Access on Cambridge Core.
Book Synopsis Pricing Carbon by : A. Denny Ellerman
Download or read book Pricing Carbon written by A. Denny Ellerman and published by . This book was released on 2014-05-14 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first detailed description and analysis of the European Union Emissions Trading Scheme.
Book Synopsis Implementing a US Carbon Tax by : Ian Parry
Download or read book Implementing a US Carbon Tax written by Ian Parry and published by Routledge. This book was released on 2015-02-11 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the future extent and effects of global climate change remain uncertain, the expected damages are not zero, and risks of serious environmental and macroeconomic consequences rise with increasing atmospheric greenhouse gas concentrations. Despite the uncertainties, reducing emissions now makes sense, and a carbon tax is the simplest, most effective, and least costly way to do this. At the same time, a carbon tax would provide substantial new revenues which may be badly needed, given historically high debt-to-GDP levels, pressures on social security and medical budgets, and calls to reform taxes on personal and corporate income. This book is about the practicalities of introducing a carbon tax, set against the broader fiscal context. It consists of thirteen chapters, written by leading experts, covering the full range of issues policymakers would need to understand, such as the revenue potential of a carbon tax, how the tax can be administered, the advantages of carbon taxes over other mitigation instruments and the environmental and macroeconomic impacts of the tax. A carbon tax can work in the United States. This volume shows how, by laying out sound design principles, opportunities for broader policy reforms, and feasible solutions to specific implementation challenges.
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.
Book Synopsis The Case for a Carbon Tax by : Shi-Ling Hsu
Download or read book The Case for a Carbon Tax written by Shi-Ling Hsu and published by Island Press. This book was released on 2012-06-22 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: There's a simple, straightforward way to cut carbon emissions and prevent the most disastrous effects of climate change-and we're rejecting it because of irrational political fears. That's the central argument of The Case for a Carbon Tax, a clear-eyed, sophisticated analysis of climate change policy. Shi-Ling Hsu examines the four major approaches to curbing CO2: cap-and-trade; command and control regulation; government subsidies of alternative energy; and carbon taxes. Weighing the economic, social, administrative, and political merits of each, he demonstrates why a tax is currently the most effective policy. Hsu does not claim that a tax is the perfect or only solution-but that unlike the alternatives, it can be implemented immediately and paired effectively with other approaches. In fact, the only real barrier is psychological. While politicians can present subsidies and cap-and-trade as "win-win" solutions, the costs of a tax are immediately apparent. Hsu deftly explores the social and political factors that prevent us from embracing this commonsense approach. And he shows why we must get past our hang-ups if we are to avert a global crisis.
Book Synopsis Making Climate Policy Work by : Danny Cullenward
Download or read book Making Climate Policy Work written by Danny Cullenward and published by John Wiley & Sons. This book was released on 2020-10-07 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: For decades, the world’s governments have struggled to move from talk to action on climate. Many now hope that growing public concern will lead to greater policy ambition, but the most widely promoted strategy to address the climate crisis – the use of market-based programs – hasn’t been working and isn’t ready to scale. Danny Cullenward and David Victor show how the politics of creating and maintaining market-based policies render them ineffective nearly everywhere they have been applied. Reforms can help around the margins, but markets’ problems are structural and won’t disappear with increasing demand for climate solutions. Facing that reality requires relying more heavily on smart regulation and industrial policy – government-led strategies – to catalyze the transformation that markets promise, but rarely deliver.
Author :National Academies of Sciences, Engineering, and Medicine Publisher :National Academies Press ISBN 13 :0309454204 Total Pages :281 pages Book Rating :4.3/5 (94 download)
Book Synopsis Valuing Climate Damages by : National Academies of Sciences, Engineering, and Medicine
Download or read book Valuing Climate Damages written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-06-23 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: The social cost of carbon (SC-CO2) is an economic metric intended to provide a comprehensive estimate of the net damages - that is, the monetized value of the net impacts, both negative and positive - from the global climate change that results from a small (1-metric ton) increase in carbon-dioxide (CO2) emissions. Under Executive Orders regarding regulatory impact analysis and as required by a court ruling, the U.S. government has since 2008 used estimates of the SC-CO2 in federal rulemakings to value the costs and benefits associated with changes in CO2 emissions. In 2010, the Interagency Working Group on the Social Cost of Greenhouse Gases (IWG) developed a methodology for estimating the SC-CO2 across a range of assumptions about future socioeconomic and physical earth systems. Valuing Climate Changes examines potential approaches, along with their relative merits and challenges, for a comprehensive update to the current methodology. This publication also recommends near- and longer-term research priorities to ensure that the SC- CO2 estimates reflect the best available science.
Book Synopsis Pricing Carbon by : A. Denny Ellerman
Download or read book Pricing Carbon written by A. Denny Ellerman and published by Cambridge University Press. This book was released on 2010-01-28 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Union's Emissions Trading Scheme (EU ETS) is the world's largest market for carbon and the most significant multinational initiative ever taken to mobilize markets to protect the environment. It will be an important influence on the development and implementation of trading schemes in the US, Japan, and elsewhere. However, as is true of any pioneering public policy experiment, this scheme has generated much controversy. Pricing Carbon provides the first detailed description and analysis of the EU ETS, focusing on the first 'trial' period of the scheme (2005–7). Written by an international team of experts, it allows readers to get behind the headlines and come to a better understanding of what was done and what happened based on a dispassionate, empirically based review of the evidence. This book should be read by anyone who wants to know what happens when emissions are capped, traded, and priced.
Book Synopsis How Bad Are Bananas? by : Mike Berners-Lee
Download or read book How Bad Are Bananas? written by Mike Berners-Lee and published by Profile Books. This book was released on 2020-09-03 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'It is terrific. I can't remember the last time I read a book that was more fascinating and useful and enjoyable all at the same time.' Bill Bryson How Bad Are Bananas? was a groundbreaking book when first published in 2009, when most of us were hearing the phrase 'carbon footprint' for the first time. Mike Berners-Lee set out to inform us what was important (aviation, heating, swimming pools) and what made very little difference (bananas, naturally packaged, are good!). This new edition updates all the figures (from data centres to hosting a World Cup) and introduces many areas that have become a regular part of modern life - Twitter, the Cloud, Bitcoin, electric bikes and cars, even space tourism. Berners-Lee runs a considered eye over each area and gives us the figures to manage and reduce our own carbon footprint, as well as to lobby our companies, businesses and government. His findings, presented in clear and even entertaining prose, are often surprising. And they are essential if we are to address climate change.
Download or read book The Carbon Crunch written by Dieter Helm and published by Yale.ORIM. This book was released on 2012-10-12 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: An economist’s take on “why the world’s efforts to curb the carbon dioxide emissions behind global warming have gone so wrong, and how it can do better” (Financial Times). Despite commitments to renewable energy and two decades of international negotiations, global emissions continue to rise. Coal, the most damaging of all fossil fuels, has actually risen from 25% to almost 30% of world energy use. And while European countries congratulate themselves on reducing emissions, they’ve increased their carbon imports from China and other developing nations, who continue to expand their coal use. As standards of living improve in developing countries, coal use can only increase as well—and global temperatures along with it. Written by an Oxford economist who specializes in environmental issues, this book goes beyond pieties and pipe dreams to address the practical realities that are preventing us from making progress on this crucial issue—and what we can do differently before it’s too late. “Should be compulsory reading for the entire political class as well as the bureaucratic elite and the commentariat.”—New Statesman “An optimistically levelheaded book about actually dealing with global warming.”—Kirkus Reviews (starred review) “A powerful and heartfelt plea for hard-nosed realism.”—New Scientist
Book Synopsis Paying for Pollution by : Gilbert E. Metcalf
Download or read book Paying for Pollution written by Gilbert E. Metcalf and published by Academic. This book was released on 2019 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows why a carbon tax is the most efficient and fair way to address the major cause of climate change. It explains how a carbon tax reform can help low-income households. And it argues that carbon tax is market based policy that should be supported across the political spectrum.
Book Synopsis Critical Issues in Environmental Taxation by : Lin Heng Lye
Download or read book Critical Issues in Environmental Taxation written by Lin Heng Lye and published by . This book was released on 2009 with total page 731 pages. Available in PDF, EPUB and Kindle. Book excerpt: Critical Issues in Environmental Taxation is an internationally refereed publication devoted to environmental taxation issues on a worldwide basis. It seeks to provide insights and analysis for achieving environmental goals through tax policy. By sharing the perspectives of the authors in response to the diverse challenges posed by environmental taxation issues, effective approaches used in one country may be considered and possibly implemented by governmental authorities in other countries. Each volume contains pioneering and thought-provoking articles contributed by the world's leading environmental tax scholars. This seventh volume focuses on the special problems of the urban environment and the challenges which confront cities and mega-cities. It examines tax issues relating to congestion and pollution control, road pricing and other forms of transportation management, housing and the construction industry, energy generation and consumption, trade, carbon taxes and new eco-service markets, research and development taxes. It contains case studies from developed as well as developing countries. Contributors come from various disciplines, particularly law, accounting and economics. The countries examined include Australia, Brazil, Canada, China, Hong Kong, Japan, Kenya, Pakistan, Singapore, Spain, Uganda, and the United States.
