Professor Markandya is to present a joint paper on taxation of carbon.
This Workshop aims to evaluate various models including bottom-up approaches, partial equilibrium and supply side models, applied general equilibrium and macro-econometric model being developed to analyze the effects of environmental regulation in the Czech Republic. Specifically, the effects of so called environmental tax reform will be analysed that is based on higher taxation of emissions of SO2, NOx and particulates. Moreover, the effects of EU ETS and higher energy taxation are discussed. Most of the models have been developed within the MODEDR project, though other modellers are also invited to present their models and approaches so as to draw a wider picture.