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Fiscal implications of climate change

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  • Benjamin Jones
  • Michael Keen
  • Jon Strand

Abstract

Climate change is an externality problem—so the challenges that arise in limiting it and dealing with the effects that remain are largely fiscal. The structure of the problem, however, and the uncertainty which surrounds it, make the design of proper policy responses particularly complex. This paper provides a primer on the fiscal implications of climate change, the aim being to provide a (reasonably) quick and comprehensive overview of the main analytical issues and lessons learned. Copyright Springer Science+Business Media, LLC 2013

Suggested Citation

  • Benjamin Jones & Michael Keen & Jon Strand, 2013. "Fiscal implications of climate change," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 20(1), pages 29-70, February.
    • Handle: RePEc:kap:itaxpf:v:20:y:2013:i:1:p:29-70
    DOI: 10.1007/s10797-012-9214-3
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    1. Fiscal policy and climate change
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    More about this item

    Keywords

    Climate change; Carbon pricing; Adaptation; Mitigation; H23; H30; Q54;
    All these keywords.

    JEL classification:

    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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