Sentences with phrase «implicit taxes on carbon»

And if we calculate current policies including subsidies to renewables as implicit taxes on carbon then in many if not not most cases it would imply there should be no additional carbon tax at all.

Not exact matches

These measures include levying a price on carbon emissions, eliminating tax subsidies for fossil fuels and ending implicit subsidies, such as leasing federal lands that contain coal or oil at rates below the fair market rate.

If the SCC can be shown to be negative at current levels of abatement (and bear in mind that your excellent chart of net benefits for various abatement paths refers to benefits relative to the 2010 policy stance) then I'd be content to freeze policy at current levels but to steadily transfer all policies to a carbon tax, or at least to cost them on a common basis, ie to treat renewable subsidies as implicit carbon taxes.

Thus the new carbon tax represents an implicit tax increase on workers and investors.