Distributional Effects Of Environmental And Energy Policy

Author : Don Fullerton
Publisher : Routledge
Page : 518 pages
File Size : 48,6 Mb
Release : 2017-05-15
Category : Business & Economics
ISBN : 9781351943468

Get Book

Distributional Effects of Environmental and Energy Policy by Don Fullerton Pdf

Many effects of environmental and energy policy are likely to disproportionately burden those with low income. First, it raises the price of fossil-fuel-intensive products that constitute a high fraction of low-income budgets (like gasoline, heating fuel and electricity). Second, the handout of pollution permits to firms provides value to those who own them. Third, low-income individuals may place more value on food and shelter than on improvements in environmental quality, so high-income individuals may get the most benefit of pollution abatement. Fourth, air quality improvements may raise the value of houses owned by landlords, rather than helping renters. These effects might all hurt the poor more than the rich. This book brings together the seminal economics literature that studies whether these fears are valid and whether anything can be done about them.

Author : Johnstone Nick,Serret Ysé
Publisher : OECD Publishing
Page : 336 pages
File Size : 41,6 Mb
Release : 2006-02-23
Category : Electronic
ISBN : 9789264066137

Get Book

The Distributional Effects of Environmental Policy by Johnstone Nick,Serret Ysé Pdf

This book builds upon existing literature to simultaneously examine disparities in the distribution of environmental impacts of environmental policy and in the distribution of financial effects among households.

Author : Don Fullerton
Publisher : Unknown
Page : 19 pages
File Size : 48,5 Mb
Release : 2013
Category : Electronic
ISBN : OCLC:1290720692

Get Book

Distributional Effects of Environmental and Energy Policy by Don Fullerton Pdf

This chapter reviews literature on the distributional effects of environmental and energy policy. In particular, many effects of such policy are likely regressive. First, it raises the price of fossil-fuel-intensive products, expenditures on which are a high fraction of low-income budgets. Second, if abatement technologies are capital-intensive, then any mandate to abate pollution may induce firms to use more capital. If demand for capital is raised relative to labor, then a lower relative wage may also hurt low-income households. Third, pollution permits handed out to firms bestow scarcity rents on well-off individuals who own those firms. Fourth, low-income individuals may place more value on food and shelter than on incremental improvements in environmental quality. If high-income individuals get the most benefit of pollution abatement, then this effect is regressive as well. Fifth, low-income renters miss out on house price capitalization of air quality benefits. Well-off landlords may reap those gains. Sixth, transition effects could well hurt the unemployed who are already at some disadvantage. These six effects might all hurt the poor more than the rich. This paper discusses whether these fears are valid, and whether anything can be done about them.

Author : Mark A. Cohen,Don Fullerton,Robert H. Topel
Publisher : Edward Elgar Publishing
Page : 397 pages
File Size : 53,6 Mb
Release : 2013-05-31
Category : Science
ISBN : 9781783470273

Get Book

Distributional Aspects of Energy and Climate Policies by Mark A. Cohen,Don Fullerton,Robert H. Topel Pdf

Governments around the globe have begun to implement various actions to limit carbon emissions and so, combat climate change. This book brings together some of the leading scholars in environmental and climate economics to examine the distributional consequences of policies that are designed to reduce these carbon emissions. Whether through a carbon tax, cap-and-trade system or other mechanisms, most proposals to reduce carbon emissions include some kind of carbon pricing system Ð shifting the costs of emissions onto polluters and providing an incentive to find the least costly methods of abatement. This standard efficiency justification for pricing carbon also has important distributional consequences Ð a problem that is often ignored by economists while being a major focus of attention in the political arena. Leading scholars in environmental and climate economics take up these issues to examine such questions as: Will the costs fall on current or future generations? Will they fall on the rich, poor, middle class, or on everyone proportionally? Which countries will benefit, and which will suffer? Students and scholars interested in climate change, along with policy makers, will find this lively volume an invaluable addition to the quest for information on this globally important issue.

Author : Carlo Carraro,Gilbert E. Metcalf
Publisher : University of Chicago Press
Page : 371 pages
File Size : 44,5 Mb
Release : 2009-02-15
Category : Science
ISBN : 9780226094809

Get Book

Behavioral and Distributional Effects of Environmental Policy by Carlo Carraro,Gilbert E. Metcalf Pdf

Most people would agree that it makes sense to tax a company that pollutes in a way that directly reflects the amount of environmental and social damage it has done. Yet in practice, such taxes are fraught with difficulty and have far-reaching implications. A company facing a new tax may lay off workers, for example, exacerbating an unemployment problem. This volume focuses on such external issues and examines in detail the trade-offs involved in designing policies to deal with environmental problems. Reflecting the broad nature of the subject, the contributors include leading economists in the areas of public finance, industrial organization, and trade theory, as well as environmental economists. Integrating both theoretical and empirical methods, they examine environmental policy design as it relates to location decisions, compliance costs, administrative costs, effects on research and development, and international factor movements. Shedding light on an extraordinarily complex and important topic, this collection will be of interest to all those involved in designing effective environmental policy.

Author : Gravers Skygebjerg, Jan,Nybro Hansen, Troels,Madsen, Peter,von Bahr, Emelie
Publisher : Nordic Council of Ministers
Page : 54 pages
File Size : 40,6 Mb
Release : 2020-10-29
Category : Business & Economics
ISBN : 9789289367196

Get Book

Distributional Impacts of environmental and energy taxes by Gravers Skygebjerg, Jan,Nybro Hansen, Troels,Madsen, Peter,von Bahr, Emelie Pdf

Available online: http://urn.kb.se/resolve?urn=urn:nbn:se:norden:org:diva-6214 To support the green transition, the use of green taxation might increase in the coming years. Public support of such policy interventions will among other things depend on the distributional impacts of the regulation. Increased green taxation can result in unwanted distributional impacts in the economy at large because environmental taxation tends to make up a larger share of the disposable income of low-income families. This study investigates current guides and practices in the Nordic countries on how the distributional effects from environmental taxation are analyzed and incorporated into the policy design. This is combined with research findings on the distributional effects of environmental taxation and possible mitigating actions. The study indicates that the Nordic countries could benefit from better integration of mitigating strategies between agencies.

Author : Matthew J. Kotchen,Tatyana Deryugina,James H. Stock
Publisher : University of Chicago Press
Page : 281 pages
File Size : 40,5 Mb
Release : 2023-02-20
Category : Business & Economics
ISBN : 9780226828282

Get Book

Environmental and Energy Policy and the Economy by Matthew J. Kotchen,Tatyana Deryugina,James H. Stock Pdf

Rigorous, careful, and nonpartisan research with a high policy impact on environmental and energy economics. Environmental and Energy Policy and the Economy focuses on the effective and efficient management of environmental and energy challenges. Research papers offer new evidence on the intended and unintended consequences, the market and nonmarket effects, and the incentive and distributional impacts of policy initiatives and market developments. This volume presents six new papers on environmental and energy economics and policy. Gilbert Metcalf examines the distributional impacts of substituting a vehicle miles-traveled tax for the existing federal excise tax in the United States. David Weisbach, Samuel Kortum, Michael Wang, and Yujia Yao consider solutions to the leakage problem of climate policy with differential tax policies on the supply and demand for fossil fuels and on domestic production and consumption. Danae Hernandez-Cortes, Kyle Meng, and Paige Weber quantify and decompose recent trends in air pollution disparities in the US electricity sector. Severin Borenstein and Ryan Kellogg provide a comparative analysis of different incentive-based mechanisms to reduce emissions in the electricity sector on a path to zero emissions. Sarah Anderson, Andrew Plantinga, and Matthew Wibbenmeyer document distributional differences in the allocation of US wildfire prevention projects. Finally, Mark Curtis and Ioana Marinescu provide new evidence on the quality and quantity of emerging “green” jobs in the United States.

Author : Baoping Shang
Publisher : International Monetary Fund
Page : 32 pages
File Size : 40,6 Mb
Release : 2021-06-25
Category : Business & Economics
ISBN : 9781513573397

Get Book

The Poverty and Distributional Impacts of Carbon Pricing: Channels and Policy Implications by Baoping Shang Pdf

Addressing the poverty and distributional impacts of carbon pricing reforms is critical for the success of ambitious actions in the fight against climate change. This paper uses a simple framework to systematically review the channels through which carbon pricing can potentially affect poverty and inequality. It finds that the channels differ in important ways along several dimensions. The paper also identifies several key gaps in the current literature and discusses some considerations on how policy designs could take into account the attributes of the channels in mitigating the impacts of carbon pricing reforms on households.

Author : Matthew J. Kotchen,Tatyana Deryugina,James H. Stock
Publisher : University of Chicago Press
Page : 275 pages
File Size : 44,5 Mb
Release : 2022-01-24
Category : Business & Economics
ISBN : 9780226821740

Get Book

Environmental and Energy Policy and the Economy by Matthew J. Kotchen,Tatyana Deryugina,James H. Stock Pdf

This volume presents six new papers on environmental and energy economics and policy in the United States. Rebecca Davis, J. Scott Holladay, and Charles Sims analyze recent trends in and forecasts of coal-fired power plant retirements with and without new climate policy. Severin Borenstein and James Bushnell examine the efficiency of pricing for electricity, natural gas, and gasoline. James Archsmith, Erich Muehlegger, and David Rapson provide a prospective analysis of future pathways for electric vehicle adoption. Kenneth Gillingham considers the consequences of such pathways for the design of fuel vehicle economy standards. Frank Wolak investigates the long-term resource adequacy in wholesale electricity markets with significant intermittent renewables. Finally, Barbara Annicchiarico, Stefano Carattini, Carolyn Fischer, and Garth Heutel review the state of research on the interactions between business cycles and environmental policy.

Author : Paul Ekins,Stefan Speck
Publisher : Unknown
Page : 0 pages
File Size : 50,7 Mb
Release : 2011
Category : Environmental impact charges
ISBN : OCLC:1330343023

Get Book

Environmental Tax Reform (ETR) by Paul Ekins,Stefan Speck Pdf

A comprehensive analysis of an environmental tax reform where people are taxed on pollution and the use of natural resources instead of on their income, this book looks at the challenges involved in implementing this tax reform across Europe.

Author : Arief Anshory Yusuf,Economy and Environment Program for Southeast Asia,International Development Research Centre (Canada)
Publisher : Unknown
Page : 51 pages
File Size : 48,6 Mb
Release : 2008-01-01
Category : Carbon taxes
ISBN : 1552500802

Get Book

Distributional Impact of Environmental Policies by Arief Anshory Yusuf,Economy and Environment Program for Southeast Asia,International Development Research Centre (Canada) Pdf

Author : Thomas Sterner
Publisher : Taylor & Francis
Page : 385 pages
File Size : 44,9 Mb
Release : 2012-03-29
Category : Law
ISBN : 9781136521720

Get Book

Fuel Taxes and the Poor by Thomas Sterner Pdf

Fuel Taxes and the Poor challenges the conventional wisdom that gasoline taxation, an important and much-debated instrument of climate policy, has a disproportionately detrimental effect on poor people. Increased fuel taxes carry the potential to mitigate carbon emissions, reduce congestion, and improve local urban environment. As such, higher gasoline taxes could prove to be a fundamental part of any climate action plan. However, they have been resisted by powerful lobbies that have persuaded people that increased fuel taxation would be regressive. Reporting on examples of over two dozen countries, this book sets out to empirically investigate this claim. The authors conclude that while there may be some slight regressivity in some high-income countries, as a general rule, fuel taxation is a progressive policy particularly in low income countries. Rich countries can correct for regressivity by cutting back on other taxes that adversely affect poor people, or by spending more money on services for the poor. Meanwhile, in low-income countries, poor people spend a very small share of their money on fuel for transport. Some costs from fuel taxes may be passed on to poor people through more expensive public transportation and food transport. Nevertheless, in general the authors find that gasoline taxes become more progressive as the income of the country in question decreases. This book provides strong arguments for the proponents of environmental taxation. It has immediate policy implications at the intersection of multiple subject areas, including transportation, environmental regulation, development studies, and climate change. Published with Environment for Development initiative.

Author : Erik Gråd,Henrik Lindhjem,Jette Bredahl Jacobsen,Alexander Eriksson,Stefan Åström,Erika Karttinen,Niels Baumert,Christian Fromberg
Publisher : Nordic Council of Ministers
Page : 70 pages
File Size : 41,8 Mb
Release : 2024-07-01
Category : Political Science
ISBN : 9789289378178

Get Book

Policy measures to compensate for increasing costs of energy by Erik Gråd,Henrik Lindhjem,Jette Bredahl Jacobsen,Alexander Eriksson,Stefan Åström,Erika Karttinen,Niels Baumert,Christian Fromberg Pdf

Available online: https://pub.norden.org/temanord2024-517/ The Nordic region's climate change goals are challenged by significant energy price hikes from 2021 to 2023. Nordic governments implemented various price compensation measures, but their impact on social-, climate-, and environmental goals remains uncertain. The impact evaluation presented in this report highlights that the Nordic measures were characterised by diverse designs, rapid yet problematic implementation, and limited redistribution to low-income households. Several measures discouraged effective resource allocation and emission reduction. To reduce the risk of conflict between compensation measures and climate change policy it is important that measures are understood as temporary. Measures that utilise flat rate or regressive patterns for transfer of funds, and that decouple funds from current consumption, should have been more effective that most of the measures utilised.

Author : Carlos de Miguel,Xavier Labandeira Villot,Baltasar Manzano
Publisher : Edward Elgar Publishing
Page : 244 pages
File Size : 55,7 Mb
Release : 2006-01-01
Category : Business & Economics
ISBN : 1781958955

Get Book

Economic Modelling of Climate Change and Energy Policies by Carlos de Miguel,Xavier Labandeira Villot,Baltasar Manzano Pdf

Climate change and energy consumption are at the forefront of current environmental debate. While energy is essential to the functioning and survival of our societies, the environmental impact that energy consumption is having, particularly on climate change, is a growing concern and the design and practicalities of energy and energy-related environmental policies are under constant scrutiny. This innovative new book not only addresses the economic assessment of environmental and energy policies but also discusses the efficiency and distributional consequences these policies have for producers and consumers. With contributions from leading academics in the field, this comprehensive volume uses a variety of methodological approaches with which to explore a number of pertinent issues, including several studies on the EU Emission Trading System, as well as more advanced topics such as indeterminacy and optimal environmental public policies, energy-saving technological progress, oil shocks and energy transitions and policy design. Combining theoretical and empirical work, this timely book is a significant contribution to the existing literature and deals with issues at the frontier of current economic knowledge. Economic Modelling of Climate Change and Energy Policies is a unique and informative book and will have widespread appeal amongst scholars, students and policymakers.

Author : Gilbert E. Metcalf
Publisher : Cambridge University Press
Page : 415 pages
File Size : 41,6 Mb
Release : 2010-12-06
Category : Business & Economics
ISBN : 9781139492409

Get Book

US Energy Tax Policy by Gilbert E. Metcalf Pdf

The United States face enormous challenges in the energy area. Climate change, biofuels policy, energy security and environmental degradation are all intimately bound up with energy production and consumption. Historically, the federal government has relied on tax subsidies to effect energy policy. With mounting federal deficits, policymakers and advocates are increasingly calling for a rethinking of our energy tax policy. How can the federal tax code strengthen environmental policy and reduce security concerns in the area of energy? The authors tackle such difficult problems as climate change, efficient taxation of oil and gas, and optimal oil tax policy in a world with OPEC oil producers dominating world oil supply. This volume presents a number of innovative policy suggestions backed by sophisticated and cutting-edge research carried out by leading scholars in the area of energy taxation.