Neutralizing the adverse industry impacts of CO abatement policies
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Neutralizing the adverse industry impacts of CO abatement policies what does it cost? by Ary Lans Bovenberg

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Published by National Bureau of Economic Research in Cambridge, MA .
Written in English

Subjects:

  • Carbon dioxide mitigation -- United States -- Econometric models.,
  • Carbon taxes -- United States -- Econometric models.,
  • Corporations -- Taxation -- United States -- Econometric models.,
  • Environmental economics.

Book details:

Edition Notes

Other titlesAdverse industry impacts of CO abatement policies
StatementA. Lans Bovenberg, Lawrence H. Goulder.
SeriesNBER working paper series -- working paper 7654, Working paper series (National Bureau of Economic Research) -- working paper no. 7654.
ContributionsGoulder, Lawrence H., National Bureau of Economic Research.
Classifications
LC ClassificationsHB1 .W654 no. 7654
The Physical Object
Pagination34, A5, [11] p. :
Number of Pages34
ID Numbers
Open LibraryOL22399755M

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This paper explores policies designed to address distributional concerns. Using an intertemporal numerical general equilibrium model of the U.S., we examine how efficiency costs change when CO2 abatement policies include elements that neutralize adverse impacts on energy industries. This chapter explores the distributional impacts of various CO2 abatement policies in the United States in terms of their impacts on profits and equity values for the industries supplying fossil fuels (the coal industry and crude petroleum and natural gas industry) and the industries that rely heavily on fossil fuels as intermediate inputs (for example, petroleum refining and electric utilities). neutralize adverse impacts on energy industries. We find that avoiding adverse impacts on profits and equity values in fossil fuel industries involves a relatively small efficiency cost. This stems from the fact that CO 2 abatement policies have the potential to generate revenues that are very large relative to the potential loss of profit. Neutralizing the Adverse Industry Impacts of CO 2 Abatement Policies: What Does It Cost? Abstract The most cost-effective policies for achieving CO 2 abatement (e.g., carbon taxes) are considered politically unacceptable because of distributional consequences. This paper explores policies designed to address distributional concerns.

Get this from a library! Neutralizing the adverse industry impacts of CO₂ abatement policies: what does it cost?. [Ary Lans Bovenberg; Lawrence H Goulder; National Bureau of Economic Research.]. Neutralizing the Adverse Industry Impacts of CO2 Abatement Policies: What Does it Cost? Get this from a library! Neutralizing the Adverse Industry Impacts of CO2 Abatement Policies: What Does it Cost?. [A Lans Bovenberg; Lawrence H Goulder] -- The most cost-effective policies for achieving CO2 abatement (e.g., carbon taxes) fail to get off the ground politically because of unacceptable distributional consequences. This paper explores CO2. Neutralizing the Adverse Industry Impacts of CO2 Abatement Policies: What Does It Cost? A. Lans Bovenberg, Lawrence H. Goulder. Chapter in NBER book Behavioral and Distributional Effects of Environmental Policy (), Carlo Carraro and Gilbert E. Metcalf, editors (p. 45 - 90) Conference held June 11–12, Cited by:

BibTeX @MISC{lizing, author = {A. Lans Bovenberg and Lawrence H. Goulder and A. Lans Bovenberg and Lawrence H. Goulder}, title = {treatment. Neutralizing the Adverse Industry Impacts of CO2 Abatement Policies: What Does It Cost?}, year = {}}. BibTeX @MISC{Bovenberg00**stanforduniversityneutralizing, author = {A. Lars Bovenberg and Lawrence H. Goulder and A. Lans Bovenberg and Lawrence H. Goulder}, title = {**Stanford UniversityNeutralizing the Adverse Industry Impacts of CO 2 Abatement Policies: What Does It Cost?}, year = {}}. A. Lans Bovenberg & Lawrence H. Goulder, "Neutralizing the Adverse Industry Impacts of CO2 Abatement Policies: What Does It Cost?," NBER Chapters, in: Behavioral and Distributional Effects of Environmental Policy, pages , National Bureau of Economic Research, Inc. Neutralizing the Adverse Industry Impacts of CO2 Abatement Policies: What Does It Cost? A chapter in Behavioral and Distributional Effects of Environmental Policy, , pp View citations (48) See also Working Paper () Generational Accounts for the Netherlands.