Designing a Carbon Tax to Reduce U.S. Greenhouse Gas Emissions

By Gilbert E. Metcalf. Review of Environmental Economics and Policy, 2008

348 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/5dfbdce337d9267ae4008c27717b406a149e451a

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Citations in the corpus

Carbon tax or cap-and-trade: Which is more viable for Chinese remanufacturing industry? (2020, background): “Mitra and Webster (2008) indicated that government subsidies enhance the marketability of remanufacturing products, as their lower prices make them more competitive than new products.”
Economic aspects of global warming in a post-Copenhagen environment (2010, background): “shunned in negotiations, particularly in the United States, because of the taboo on considering tax-based systems (35).”
Public acceptability of personal carbon trading and carbon tax (2010, methodology): “RTHRESH sets a personal allowance 341 (similar to an income tax threshold) such that the tax is only paid on 342 consumption above the allowance, similar to the proposal by Metcalf (2009) 343 for a CT with a capped income tax credit in the United States.”
Renewable Energy Subsidies: Second-Best Policy or Fatal Aberration for Mitigation? (2011, neutral): “…pricing may constitute political constraints which prevent the implementation of the first-best policy: High carbon prices reduce profits and income primarily in the fossil energy industry and lower-income households (Burtraw et al. 2009; Metcalf 2008; Parry 2004; Parry and Williams III 2010).”
Effectiveness, earmarking and labeling: testing the acceptability of carbon taxes with survey data (2017, background): “This may make sense in the light of the modeling exercise of Sceia et al. (2012), which find very limited terms-of-trade effects for Switzerland when simulating the impact of unilateral moves towards more stringent climate policy.”
Report of the high-level commission on carbon prices (2017, background): “If a carbon tax underperforms environmentally, policy makers can raise the tax or design it in a way that it will rise automatically in response to emission trends (Metcalf 2008; Aldy 2017).”
Public Preferences for Carbon Tax Attributes (2015, background): “…most studies indicate that the distributional impact of a CT is likely to be regressive, disproportionate burdens on poor households can be offset by recycling some portion of the tax revenue back to them through direct rebates or targeted tax swaps (Morris and Munnings, 2013; Metcalf, 2009).”
The Impact of a Carbon Tax on Inequality (2019, background): “However, most studies concentrate on the mean incidence by income quantile (Dinan 2000; Grainger and Kolstad 2010; Hassett, Mathur, and Metcalf 2009; Mathur and Morris 2014; Metcalf 1999; Metcalf 2009) and largely ignore the variation in incidence among households of similar means.”
THE INITIAL INCIDENCE OF A CARBON TAX ACROSS INCOME GROUPS (2015, positive): “However, this forgoes the efficiency advantage of using revenue to reduce preexisting taxes (Dinan and Rogers 2002; Metcalf 2009; Parry and Williams 2010).”