Carbon - to Trade or Tax - that's the question!

Kód výsledku v 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>

Výsledek na webu

<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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Jazyk výsledku

angličtina

Název v původním jazyce

Carbon - to Trade or Tax - that's the question!

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Carbon - to Trade or Tax - that's the question!

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2019

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Hradec economic days 2019/1

ISBN

978-80-7435-735-0

ISSN

2464-6059

e-ISSN

2464-6067

Počet stran výsledku

10

Strana od-do

166-175

Název nakladatele

Gaudeamus

Místo vydání

Hradec Králové

Místo konání akce

Hradec Králové

Datum konání akce

5. 2. 2019

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000461883000016