Carbon - to Trade or Tax - that's the question!
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F19%3A50015881" target="_blank" >RIV/62690094:18450/19:50015881 - isvavai.cz</a>
Result on the web
<a href="https://uni.uhk.cz/hed/site/assets/files/1073/proceedings_2019_1.pdf" target="_blank" >https://uni.uhk.cz/hed/site/assets/files/1073/proceedings_2019_1.pdf</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Carbon - to Trade or Tax - that's the question!
Original language description
The choice of between carbon emission trading and taxing carbon is framed as a pragmatic one, as essentially just different ways of implementing the same policy. We argue that this is not the case. The choice of policy instrument is strongly dependent on the will to make the system work. If there was a real will to reduce emissions, a carbon tax would have been and will be the preferred instrument, if there is no will – an emission trading is the best excuse available for not creating a high, not to speak about an ever-increasing carbon price. The “will” is result of the national and international relationship of forces between national and international interest groups. These relationship of forces is dependent on the possible social and political conflicts arising from the income distribution effects of an efficient carbon price, both on a national, supra-national, and international level. The key to formulating efficient climate policies is to focus on the income distribution effects on all these levels. The importance of income effects of carbon pricing has been illustrated by the massive popular mobilization against the petrol tax in France in November and December 2018. The choice between emission trading and carbon taxation is in fact an expression of the will to price carbon in a way that has a significant effect on emissions. Twelve years later, with the failure of the EU ETS, “riots” of the yellow vests, and the recent failure of the COP24 in Katowice, this insight must be the starting point of climate policy from now on.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Hradec economic days 2019/1
ISBN
978-80-7435-735-0
ISSN
2464-6059
e-ISSN
2464-6067
Number of pages
10
Pages from-to
166-175
Publisher name
Gaudeamus
Place of publication
Hradec Králové
Event location
Hradec Králové
Event date
Feb 5, 2019
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000461883000016