G2TT
来源类型Working Paper
规范类型论文
Refunding Emissions Payments
Cathrine Hagem; Michael Hoel; Bjart Holtsmark; Thomas Sterner
发表日期2015-02-06
出版年2015
页码DP 15-05
语种英语
摘要

We analyze two mechanism designs for refunding emissions payments to polluting firms: output-based refunding (OB) and expenditure-based refunding (EB). In both instruments, emissions fees are returned to the polluting industry, typically making the policy more politically acceptable than a standard tax. The crucial difference between OB and EB is that the fees are refunded in proportion to output in the former but in proportion to the firms’ expenditure on abatement equipment in the latter. We show theoretically that to achieve a given abatement target, the fee level in the OB design exceeds the standard tax rate, whereas the fee level in the EB design is lower. Furthermore, the use of OB and EB may lead to large differences in the distribution of costs across firms. Both designs imply a cost-ineffective provision of abatement, as firms put relatively too much effort into reducing emissions through abatement technology compared with reducing output or improving management. However, maintaining output may be seen as a political advantage by policymakers if they seek to avoid activity reduction in the regulated sector.

主题Environmental Economics Topics
URLhttp://www.rff.org/research/publications/refunding-emissions-payments
来源智库Resources for the Future (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/41350
推荐引用方式
GB/T 7714
Cathrine Hagem,Michael Hoel,Bjart Holtsmark,et al. Refunding Emissions Payments. 2015.
条目包含的文件
条目无相关文件。
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Cathrine Hagem]的文章
[Michael Hoel]的文章
[Bjart Holtsmark]的文章
百度学术
百度学术中相似的文章
[Cathrine Hagem]的文章
[Michael Hoel]的文章
[Bjart Holtsmark]的文章
必应学术
必应学术中相似的文章
[Cathrine Hagem]的文章
[Michael Hoel]的文章
[Bjart Holtsmark]的文章
相关权益政策
暂无数据
收藏/分享

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。