论文信息 - Carbon Tax Adjustment Mechanisms (TAMs): How They Work and Lessons from Modeling

Carbon Tax Adjustment Mechanisms (TAMs): How They Work and Lessons from Modeling

Carbon taxes can provide powerful incentives for businesses and households to reduce greenhouse gas emissions. Setting a tax, however, does not on its own guarantee a particular level of future emissions because it is impossible to predict exactly how a complex economy will respond to any given price level. To provide greater assurance about environmental performance, environmental integrity mechanisms (EIMs) can be built into carbon tax legislation. These innovative provisions have already been included in several recent US carbon tax proposals, including the MARKET CHOICE Act and the Energy Innovation and Carbon Dividend Act (both introduced in the 115th Congress and updated and reintroduced in the 116th Congress) and the Stemming Warming and Augmenting Pay (SWAP) Act and the Climate Action Rebate Act (both introduced in the 116th Congress).

N. Keohane | S. Brooks | Marc A. C. Hafstead

[1] Roberton C. Williams,et al. Designing and Evaluating a U.S. Carbon Tax Adjustment Mechanism to Reduce Emissions Uncertainty , 2020, Review of Environmental Economics and Policy.

[2] G. Metcalf. An Emissions Assurance Mechanism: Adding Environmental Certainty to a U.S. Carbon Tax , 2020, Review of Environmental Economics and Policy.

[3] N. Keohane,et al. The Political Economy of Hybrid Approaches to a U.S. Carbon Tax: A Perspective from the Policy World , 2020, Review of Environmental Economics and Policy.

[4] James R. McFarland,et al. POLICY INSIGHTS FROM THE EMF 32 STUDY ON U.S. CARBON TAX SCENARIOS , 2018, Climate change economics.

[5] L. Goulder,et al. Confronting the Climate Challenge: U.S. Policy Options , 2017 .

[6] Joseph E. Aldy,et al. Designing and Updating a US Carbon Tax in an Uncertain World , 2017 .

[7] G. Metcalf. Cost Containment in Climate Change Policy: Alternative Approaches to Mitigating Price Volatility , 2009 .

[8] W. Pizer,et al. INCREASING EMISSIONS CERTAINTY UNDER A CARBON TAX , 2017 .

[9] G. Metcalf,et al. ADDING QUANTITY CERTAINTY TO A CARBON TAX THROUGH A TAX ADJUSTMENT MECHANISM FOR POLICY PRE-COMMITMENT , 2017 .