Putting a Price on Carbon in South Africa and Other Developing Countries

Putting a Price on Carbon in South Africa and Other Developing Countries PDF Author: Harald Winkler
Publisher: Routledge
ISBN: 113653718X
Category : Business & Economics
Languages : en
Pages : 204

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Book Description
How should we be putting a price on carbon, particularly in developing countries? This volume takes up this contested issue and examines how different economic instruments might apply in developing countries, with a special focus on South Africa. The papers included address a variety of themes in this area: Emissions trading, carbon taxes, fiscal and non-fiscal instruments, policy and institutional dimensions, and lessons from the Clean Development Mechanism. Presenting the very latest research, the volume will be of interest to academics and policymakers in economics, policy and development.

Putting a Price on Carbon in South Africa and Other Developing Countries

Putting a Price on Carbon in South Africa and Other Developing Countries PDF Author: Harald Winkler
Publisher: Routledge
ISBN: 113653718X
Category : Business & Economics
Languages : en
Pages : 204

Get Book Here

Book Description
How should we be putting a price on carbon, particularly in developing countries? This volume takes up this contested issue and examines how different economic instruments might apply in developing countries, with a special focus on South Africa. The papers included address a variety of themes in this area: Emissions trading, carbon taxes, fiscal and non-fiscal instruments, policy and institutional dimensions, and lessons from the Clean Development Mechanism. Presenting the very latest research, the volume will be of interest to academics and policymakers in economics, policy and development.

Putting a price on carbon

Putting a price on carbon PDF Author:
Publisher:
ISBN: 9780799223576
Category :
Languages : en
Pages : 213

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Book Description


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

The Poverty and Distributional Impacts of Carbon Pricing: Channels and Policy Implications PDF Author: Baoping Shang
Publisher: International Monetary Fund
ISBN: 151357339X
Category : Business & Economics
Languages : en
Pages : 32

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Book Description
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

Global Carbon Pricing PDF Author: Peter Cramton
Publisher: MIT Press
ISBN: 0262340399
Category : Business & Economics
Languages : en
Pages : 268

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Book Description
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

Governing the Climate-Energy Nexus

Governing the Climate-Energy Nexus PDF Author: Fariborz Zelli
Publisher: Cambridge University Press
ISBN: 1108484816
Category : Business & Economics
Languages : en
Pages : 293

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Book Description
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.

Getting Energy Prices Right

Getting Energy Prices Right PDF Author: Ian W.H. Parry
Publisher: International Monetary Fund
ISBN: 1484388577
Category : Business & Economics
Languages : en
Pages : 198

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Book Description
Energy taxes can produce substantial environmental and revenue benefits and are an important component of countries’ fiscal systems. Although the principle that these taxes should reflect global warming, air pollution, road congestion, and other adverse environmental impacts of energy use is well established, there has been little previous work providing guidance on how countries can put this principle into practice. This book develops a practical methodology, and associated tools, to show how the major environmental damages from energy can be quantified for different countries and used to design the efficient set of energy taxes.

Fiscal Monitor, October 2019

Fiscal Monitor, October 2019 PDF Author: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
ISBN: 1513515322
Category : Business & Economics
Languages : en
Pages : 96

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Book Description
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

Fiscal Policies for Paris Climate Strategies—from Principle to Practice PDF Author: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
ISBN: 1498310796
Category : Business & Economics
Languages : en
Pages : 109

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Book Description
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.

The Long-Run Decoupling of Emissions and Output: Evidence from the Largest Emitters

The Long-Run Decoupling of Emissions and Output: Evidence from the Largest Emitters PDF Author: Gail Cohen
Publisher: International Monetary Fund
ISBN: 1484345282
Category : Nature
Languages : en
Pages : 29

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Book Description
For the world's 20 largest emitters, we use a simple trend/cycle decomposition to provide evidence of decoupling between greenhouse gas emissions and output in richer nations, particularly in European countries, but not yet in emerging markets. If consumption-based emissions—measures that account for countries' net emissions embodied in cross-border trade—are used, the evidence for decoupling in the richer economies gets weaker. Countries with underlying policy frameworks more supportive of renewable energy and climate change mitigation efforts tend to show greater decoupling between trend emissions and trend GDP, and for both production- and consumption-based emissions. The relationship between trend emissions and trend GDP has also become much weaker in the last two decades than in preceding decades.

Low-Carbon Development

Low-Carbon Development PDF Author: Raffaello Cervigni
Publisher: World Bank Publications
ISBN: 0821399268
Category : Business & Economics
Languages : en
Pages : 189

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Book Description
The Federal Government of Nigeria has adopted an ambitious strategy to make Nigeria the world’s 20th largest economy by 2020. Sustaining such a pace of growth will entail rapid expansion of the level of activity in key carbon-emitting sectors, such as power, oil and gas, agriculture and transport. In the absence of policies to accompany economic growth with a reduced carbon foot-print, emissions of greenhouse gases could more than double in the next two decades. This study finds that there are several options for Nigeria to achieve the development objectives of vision 20:2020 and beyond, but stabilizing emissions at 2010 levels, and with domestic benefits in the order of 2 percent of GDP. These benefits include cheaper and more diversified electricity sources; more efficient operation of the oil and gas industry; more productive and climate –resilient agriculture; and better transport services, resulting in fuel economies, better air quality, and reduced congestion. The study outlines several actions that the Federal Government could undertake to facilitate the transition towards a low carbon economy, including enhanced governance for climate action, integration of climate consideration in the Agriculture Transformation Agenda, promotion of energy efficiency programs, scale-up of low carbon technologies in power generation (such as renewables an combined cycle gas turbines), and enhance vehicle fuel efficiency.