Bloomberg BNA’s expert authors analyze “true” carbon taxes --- taxes based only on carbon dioxide or carbon dioxide-equivalent emissions --- as opposed to those based on some activity that may produce carbon emissions. Examining three case studies of countries that have successfully imposed carbon taxes, this article provides an overview of positive and negative aspects of such taxes, drawing lessons from how they are practically executed.
Price: $25 PDF
By Claudia O’Brien, Miles Farmer, Michael Dreibelbis, & C. Genevieve Jenkins
As the scientific community has come to a consensus that anthropogenic greenhouse gas emissions are the most significant contributor to climate change, several countries have moved—at widely varying speeds—toward legislation intended to limit greenhouse gas emissions. This legislation sometimes takes the form of a tax on greenhouse gases generically referred to as “carbon taxes.” This article evaluates only taxes based on carbon dioxide or carbon dioxide-equivalent emissions, as opposed to those based on some activity that may produce carbon emissions. These “true” carbon taxes were considered because they precisely target the policy objective of reducing greenhouse gas emissions, while energy consumption taxes are often uncorrelated with the amount of carbon emitted by burning a fuel and do not directly incentivize emissions reductions. This article examines three case studies of countries that have successfully imposed carbon taxes. It then provides an overview of positive and negative aspects of such taxes, drawing lessons from how they are practically executed.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)