4.7 Review

Reconsider policy allocation strategies: A review of environmental policy instruments and application of the CGE model

Related references

Note: Only part of the references are listed.
Article Economics

Would carbon tax be an effective policy tool to reduce carbon emission in China? Policies simulation analysis based on a CGE model

Jin Xu et al.

Summary: The 2019 VAT reform in China led to an increase in carbon emissions despite boosting manufacturing production. Research suggests that introducing a carbon tax can effectively reduce traditional energy consumption and emissions, but may hinder economic development. Combining VAT reform with a phased carbon tax can achieve 'double dividends', promoting long-term macroeconomic growth and emission reductions.

APPLIED ECONOMICS (2022)

Article Business

China's unconventional nationwide CO2 emissions trading system: Cost-effectiveness and distributional impacts*

Lawrence H. Goulder et al.

Summary: China is implementing the world's largest CO2 emissions trading system, using a tradable performance standard (TPS) to reduce emissions. However, the TPS is less cost-effective compared to cap and trade, with customized benchmarks helping to achieve regional distribution objectives.

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT (2022)

Article Economics

The general equilibrium impacts of carbon tax policy in China: A multi-model comparison

Jing Cao et al.

Summary: We conducted a multi-model comparison of a carbon tax policy in China, finding that while the 2030 NDC target can easily be met in all models, the 2060 carbon neutrality goal cannot be achieved even with the highest carbon tax rates. The 8 CGE models differed substantially in terms of impacts on the macroeconomy, aggregate prices, energy use, carbon reductions, industry level output, and price effects.

ENERGY ECONOMICS (2021)

Article Multidisciplinary Sciences

The effectiveness of China's regional carbon market pilots in reducing firm emissions

Jingbo Cui et al.

Summary: China has implemented an emission trading system (ETS) to reduce greenhouse gas emissions, with regional pilots showing effectiveness in reducing firm emissions. However, the economic consequences of the ETS on regulated firms are mixed, impacting employment and capital input negatively but incentivizing productivity improvements. Despite notable heterogeneity across pilots, factors like mass-based allowance allocation, higher carbon prices, and active allowance trading contribute to more pronounced effects in emission abatement.

PROCEEDINGS OF THE NATIONAL ACADEMY OF SCIENCES OF THE UNITED STATES OF AMERICA (2021)

Article Environmental Sciences

A factorial CGE model for analyzing the impacts of stepped carbon tax on Chinese economy and carbon emission

Yupeng Fu et al.

Summary: This study found that a carbon tax of 18.37 to 38.25 Yuan/ton is a reasonable policy alternative for China, and that stepped carbon tax is more effective than conventional carbon tax policy. The positive effects on reducing carbon emission intensity can be strengthened by increasing the step range.

SCIENCE OF THE TOTAL ENVIRONMENT (2021)

Article Business

Rethinking the choice of carbon tax and carbon trading in China

Zhijie Jia et al.

TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE (2020)

Review Green & Sustainable Science & Technology

Sectoral effects of a Green Tax Reform in Portugal

Miguel Rodriguez et al.

RENEWABLE & SUSTAINABLE ENERGY REVIEWS (2019)

Article Economics

Environmental policy and 'double dividend' in a transitional economy

Presley K. Wesseh et al.

ENERGY POLICY (2019)

Article Economics

China's emissions trading system and an ETS-carbon tax hybrid

Jing Cao et al.

ENERGY ECONOMICS (2019)

Review Green & Sustainable Science & Technology

Aligning renewable energy targets with carbon emissions trading to achieve China's INDCs: A general equilibrium assessment

Hancheng Dai et al.

RENEWABLE & SUSTAINABLE ENERGY REVIEWS (2018)

Review Environmental Studies

Carbon pricing in practice: a review of existing emissions trading systems

Easwaran Narassimhan et al.

CLIMATE POLICY (2018)

Article Green & Sustainable Science & Technology

How to improve the performance of carbon tax in China?

Zhe Zhang et al.

JOURNAL OF CLEANER PRODUCTION (2017)

Review Green & Sustainable Science & Technology

Application of computable general equilibrium (CGE) to climate change mitigation policy: A systematic review

Kazeem Alasinrin Babatunde et al.

RENEWABLE & SUSTAINABLE ENERGY REVIEWS (2017)

Article Economics

Combining price and quantity controls under partitioned environmental regulation

Jan Abrell et al.

JOURNAL OF PUBLIC ECONOMICS (2017)

Article Business

Tax versus emissions trading scheme in the long run

Takayoshi Shinkuma et al.

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT (2016)

Article Business

Optimal policy instruments for externality-producing durable goods under present bias

Garth Heutel

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT (2015)

Article Economics

Behavioral Environmental Economics: Promises and Challenges

Rachel Croson et al.

ENVIRONMENTAL & RESOURCE ECONOMICS (2014)

Article Economics

The EU Decarbonisation Roadmap 2050-What way to walk?

Michael Huebler et al.

ENERGY POLICY (2013)

Article Economics

The Environmental and Economic Impact of the Carbon Tax in Australia

Sam Meng et al.

ENVIRONMENTAL & RESOURCE ECONOMICS (2013)

Article Business

Re-evaluating the role of energy efficiency standards: A behavioral economics approach

Tsvetan Tsvetanov et al.

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT (2013)

Review Economics

CARBON TAXES VERSUS CAP AND TRADE: A CRITICAL REVIEW

Lawrence H. Goulder et al.

CLIMATE CHANGE ECONOMICS (2013)

Article Energy & Fuels

Distributional impacts of taxing carbon in China: Results from the CEEPA model

Qiao-Mei Liang et al.

APPLIED ENERGY (2012)

Article Business

Emissions taxes versus intensity standards: Second-best environmental policies with incomplete regulation

Stephen P. Holland

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT (2012)

Article Ecology

When does a carbon tax on fossil fuels stimulate biofuels?

Govinda R. Timilsina et al.

ECOLOGICAL ECONOMICS (2011)

Article Economics

A discrete choice equilibrium approach to valuing large environmental changes

Constant I. Tra

JOURNAL OF PUBLIC ECONOMICS (2010)

Article Economics

Cap and Trade, Rehabilitated: Using Tradable Permits to Control US Greenhouse Gases

Nathaniel O. Keohane

REVIEW OF ENVIRONMENTAL ECONOMICS AND POLICY (2009)

Article Economics

EU climate policy up to 2020: An economic impact assessment

Christoph Boehringer et al.

ENERGY ECONOMICS (2009)

Article Economics

THE EU 20/20/2020 targets: An overview of the EMF22 assessment

Christoph Boehringer et al.

ENERGY ECONOMICS (2009)

Article Economics

A top-down bottom-up modeling approach to climate change policy analysis

Sugandha D. Tuladhar et al.

ENERGY ECONOMICS (2009)

Article Economics

On Behavioral-Environmental Economics

Jason F. Shogren et al.

REVIEW OF ENVIRONMENTAL ECONOMICS AND POLICY (2008)

Article Business

Optimal mix of emissions taxes and cap-and-trade

Svante Mandell

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT (2008)

Article Economics

Green taxes and double dividends in a dynamic economy

Gerhard Glomm et al.

JOURNAL OF POLICY MODELING (2008)

Article Economics

The general equilibrium incidence of environmental taxes

Don Fullerton et al.

JOURNAL OF PUBLIC ECONOMICS (2007)

Article Ecology

Transboundary effects of environmental policy: Markets and emission leakages

Annegrete Bruvoll et al.

ECOLOGICAL ECONOMICS (2006)

Review Economics

Regulation by prices, quantities, or both: A review of instrument choice

Cameron Hepburn

OXFORD REVIEW OF ECONOMIC POLICY (2006)

Article Economics

Climate change policy, market structure, and carbon leakage

MH Babiker

JOURNAL OF INTERNATIONAL ECONOMICS (2005)

Article Business

Transitional politics: emerging incentive-based instruments in environmental regulation

TS Aidt et al.

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT (2004)

Article Economics

Pollution control innovations and the Clean Air Act of 1990

D Popp

JOURNAL OF POLICY ANALYSIS AND MANAGEMENT (2003)

Article Business

Tax distortions and global climate policy

MH Babiker et al.

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT (2003)

Article Economics

Combining price and quantity controls to mitigate global climate change

WA Pizer

JOURNAL OF PUBLIC ECONOMICS (2002)

Article Economics

Prices versus quantities with incomplete enforcement

JP Montero

JOURNAL OF PUBLIC ECONOMICS (2002)

Article Business

Permits, standards, and technology innovation

JP Montero

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT (2002)

Article Economics

Taxes and quotas for a stock pollutant with multiplicative uncertainty

M Hoel et al.

JOURNAL OF PUBLIC ECONOMICS (2001)

Article Economics

Sulfur dioxide control by electric utilities: What are the gains from trade?

C Carlson et al.

JOURNAL OF POLITICAL ECONOMY (2000)

Article Business

The impact of economics on environmental policy

RW Hahn

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT (2000)