Taxes vs Permits: Options for Price-Based Climate Change Regulation
AbstractThis paper provides an overview of key issues involved in the choice among market-based instruments for climate change policy. Specifically, it examines the potential net benefits from shifting to a permit system for emission reduction, and the preconditions necessary for this change. It also draws out the implications of New Zealand’s specific circumstances and current climate policies for future policy development.
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Bibliographic InfoPaper provided by New Zealand Treasury in its series Treasury Working Paper Series with number 05/02.
Length: 55 pages
Date of creation: Apr 2005
Date of revision:
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Postal: New Zealand Treasury, PO Box 3724, Wellington, New Zealand
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More information through EDIRC
climate change; emissions trading; permits; taxation; New Zealand;
Find related papers by JEL classification:
- Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
- Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
This paper has been announced in the following NEP Reports:
- NEP-ACC-2005-04-03 (Accounting & Auditing)
- NEP-ALL-2005-04-03 (All new papers)
- NEP-ENE-2005-04-03 (Energy Economics)
- NEP-ENV-2005-04-03 (Environmental Economics)
- NEP-REG-2005-04-03 (Regulation)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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