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Energy Prices, Taxes and Carbon Dioxide Emissions

Author

Listed:
  • Peter Hoeller

    (OECD)

  • Markku Wallin

    (OECD)

Abstract

Taxes levied on the carbon content of fuels (carbon taxes) are being considered in many OECD countries as a possible policy instrument to reduce carbon dioxide emissions. This paper first reviews the policy response in Member countries to the threat of global warming. It then discusses the link between carbon emission intensities and current energy prices, touching also on the relative price effects of current energy policies and the implicit carbon taxes reflected in present energy taxation for different fuels. Finally, the likely size of carbon taxes and associated tax revenue is illustrated by simulations of OECD's GREEN model for equiproportionate emission cuts and a global permit trading system ... Dans la plupart des pays de l'OCDE on-considère les taxes perçues sur les combustibles en fonction de leur teneur en carbone (les taxes sur le carbone) comme un des moyens de réduire les émissions de dioxyde de carbone. Ce document passe en revue les réactions de politique économique des pays Membres face à la menace d'un réchauffement planétaire. Il étudie ensuite le lien entre les prix courants de l'énergie et l'intensité des émissions de carbone ainsi que les effets des politiques énergétiques sur les prix relatifs. Les effets de prix relatifs sont mis en évidence en calculant des taxes implicites sur le carbone qui reflètent le système actuel de taxation de l'énergie pour différents combustibles, Enfin le montant probable des taxes sur le carbone et des taxes sur le revenu qui y sont associées est illustré par des simulations du modèle GREEN de l'OCDE concernant des réductions équiproportionnelles d'émissions et un système global d'échanges de droits d'émissions ...

Suggested Citation

  • Peter Hoeller & Markku Wallin, 1991. "Energy Prices, Taxes and Carbon Dioxide Emissions," OECD Economics Department Working Papers 106, OECD Publishing.
    • Handle: RePEc:oec:ecoaaa:106-en
    DOI: 10.1787/356365310851
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    Cited by:

    1. Steenblik, Ronald P & Coroyannakis, Panos, 1995. "Reform of coal policies in Western and Central Europe : Implications for the environment," Energy Policy, Elsevier, vol. 23(6), pages 537-553, June.
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    9. Emmanuel Okewu & Sanjay Misra & Rytis Maskeliūnas & Robertas Damaševičius & Luis Fernandez-Sanz, 2017. "Optimizing Green Computing Awareness for Environmental Sustainability and Economic Security as a Stochastic Optimization Problem," Sustainability, MDPI, vol. 9(10), pages 1-17, October.
    10. Ruth, Matthias & Davidsdottir, Brynhildur & Laitner, Skip, 2000. "Impacts of market-based climate change policies on the US pulp and paper industry," Energy Policy, Elsevier, vol. 28(4), pages 259-270, April.
    11. Li, G.C. & Huang, G.H. & Lin, Q.G. & Zhang, X.D. & Tan, Q. & Chen, Y.M., 2011. "Development of a GHG-mitigation oriented inexact dynamic model for regional energy system management," Energy, Elsevier, vol. 36(5), pages 3388-3398.
    12. Wang, Qiang & Li, Rongrong, 2015. "Cheaper oil: A turning point in Paris climate talk?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 1186-1192.
    13. Mathieu-Bolh, Nathalie, 2017. "Can tax reforms help achieve sustainable development?," Resource and Energy Economics, Elsevier, vol. 50(C), pages 135-163.
    14. Michael Schauer, 1995. "Estimation of the greenhouse gas externality with uncertainty," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 5(1), pages 71-82, January.
    15. Almansoori, Ali & Betancourt-Torcat, Alberto, 2015. "Design optimization model for the integration of renewable and nuclear energy in the United Arab Emirates’ power system," Applied Energy, Elsevier, vol. 148(C), pages 234-251.
    16. Claudia Kettner-Marx & Daniela Kletzan-Slamanig & Mathias Kirchner & Mark Sommer & Kurt Kratena & Stefan E. Weishaar & Irene Burgers, 2018. "CATs – Carbon Taxes in Austria. Implementation Issues and Impacts," WIFO Studies, WIFO, number 61185, March.
    17. Gunther Tichy, 1993. "Ökonomische Auswirkungen einer Energieabgabe in Österreich," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 19(3), pages 315-327.
    18. Syeda Tayyaba Ijaz & Sumayya Chughtai, 2022. "The Impact of Financial, Economic and Environmental Factors on Energy Efficiency, Intensity, and Dependence: The Moderating Role of Governance and Institutional Quality," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 15-31, July.
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    23. repec:clr:wugarc:y:1993:v:19i:3p:315 is not listed on IDEAS
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    25. Larsen, Bjorn & Shah, Anwar & DEC, 1992. "World fossil fuel subsidies and global carbon emissions," Policy Research Working Paper Series 1002, The World Bank.

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