Effects Of U S Tax Policy On Greenhouse Gas Emissions

Author : Committee on the Effects of Provisions in the Internal Revenue Code on Greenhouse Gas Emissions,Board on Science Technology and Economic Policy
Publisher : Unknown
Page : 128 pages
File Size : 47,7 Mb
Release : 2013-06-20
Category : Electronic
ISBN : 0309387523

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Effects of U.S. Tax Policy on Greenhouse Gas Emissions by Committee on the Effects of Provisions in the Internal Revenue Code on Greenhouse Gas Emissions,Board on Science Technology and Economic Policy Pdf

The U.S. Congress charged the National Academies with conducting a review of the Internal Revenue Code to identify the types of and specific tax provisions that have the largest effects on carbon and other greenhouse gas emissions and to estimate the magnitude of those effects. To address such a broad charge, the National Academies appointed a committee composed of experts in tax policy, energy and environmental modeling, economics, environmental law, climate science, and related areas. For scientific background to produce Effects of U.S. Tax Policy on Greenhouse Gas Emissions, the committee relied on the earlier findings and studies by the National Academies, the U.S. government, and other research organizations. The committee has relied on earlier reports and studies to set the boundaries of the economic, environmental, and regulatory assumptions for the present study. The major economic and environmental assumptions are those developed by the U.S. Energy Information Administration (EIA) in its annual reports and modeling. Additionally, the committee has relied upon publicly available data provided by the U.S. Environmental Protection Agency, which inventories greenhouse gas (GHG) emissions from different sources in the United States. The tax system affects emissions primarily through changes in the prices of inputs and outputs or goods and services. Most of the tax provisions considered in this report relate directly to the production or consumption of different energy sources. However, there is a substantial set of tax expenditures called "broad-based" that favor certain categories of consumption-among them, employer-provided health care, owner-occupied housing, and purchase of new plants and equipment. Effects of U.S. Tax Policy on Greenhouse Gas Emissions examines both tax expenditures and excise taxes that could have a significant impact on GHG emissions.

Author : National Research Council,Policy and Global Affairs,Board on Science, Technology, and Economic Policy,Committee on the Effects of Provisions in the Internal Revenue Code on Greenhouse Gas Emissions
Publisher : National Academies Press
Page : 198 pages
File Size : 44,9 Mb
Release : 2013-06-20
Category : Political Science
ISBN : 9780309282727

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Effects of U.S. Tax Policy on Greenhouse Gas Emissions by National Research Council,Policy and Global Affairs,Board on Science, Technology, and Economic Policy,Committee on the Effects of Provisions in the Internal Revenue Code on Greenhouse Gas Emissions Pdf

The U.S. Congress charged the National Academies with conducting a review of the Internal Revenue Code to identify the types of and specific tax provisions that have the largest effects on carbon and other greenhouse gas emissions and to estimate the magnitude of those effects. To address such a broad charge, the National Academies appointed a committee composed of experts in tax policy, energy and environmental modeling, economics, environmental law, climate science, and related areas. For scientific background to produce Effects of U.S. Tax Policy on Greenhouse Gas Emissions, the committee relied on the earlier findings and studies by the National Academies, the U.S. government, and other research organizations. The committee has relied on earlier reports and studies to set the boundaries of the economic, environmental, and regulatory assumptions for the present study. The major economic and environmental assumptions are those developed by the U.S. Energy Information Administration (EIA) in its annual reports and modeling. Additionally, the committee has relied upon publicly available data provided by the U.S. Environmental Protection Agency, which inventories greenhouse gas (GHG) emissions from different sources in the United States. The tax system affects emissions primarily through changes in the prices of inputs and outputs or goods and services. Most of the tax provisions considered in this report relate directly to the production or consumption of different energy sources. However, there is a substantial set of tax expenditures called "broad-based" that favor certain categories of consumption-among them, employer-provided health care, owner-occupied housing, and purchase of new plants and equipment. Effects of U.S. Tax Policy on Greenhouse Gas Emissions examines both tax expenditures and excise taxes that could have a significant impact on GHG emissions.

Author : Ian Parry,Adele Morris,Roberton C. Williams III
Publisher : Routledge
Page : 307 pages
File Size : 52,6 Mb
Release : 2015-02-11
Category : Business & Economics
ISBN : 9781317602088

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Implementing a US Carbon Tax by Ian Parry,Adele Morris,Roberton C. Williams III Pdf

Although the future extent and effects of global climate change remain uncertain, the expected damages are not zero, and risks of serious environmental and macroeconomic consequences rise with increasing atmospheric greenhouse gas concentrations. Despite the uncertainties, reducing emissions now makes sense, and a carbon tax is the simplest, most effective, and least costly way to do this. At the same time, a carbon tax would provide substantial new revenues which may be badly needed, given historically high debt-to-GDP levels, pressures on social security and medical budgets, and calls to reform taxes on personal and corporate income. This book is about the practicalities of introducing a carbon tax, set against the broader fiscal context. It consists of thirteen chapters, written by leading experts, covering the full range of issues policymakers would need to understand, such as the revenue potential of a carbon tax, how the tax can be administered, the advantages of carbon taxes over other mitigation instruments and the environmental and macroeconomic impacts of the tax. A carbon tax can work in the United States. This volume shows how, by laying out sound design principles, opportunities for broader policy reforms, and feasible solutions to specific implementation challenges.

Author : Gilbert E. Metcalf
Publisher : Cambridge University Press
Page : 415 pages
File Size : 44,6 Mb
Release : 2010-12-06
Category : Business & Economics
ISBN : 9781139492409

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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.

Author : Mr.Ved P. Gandhi,Mr.Javier Cuervo
Publisher : International Monetary Fund
Page : 40 pages
File Size : 49,7 Mb
Release : 1998-05-01
Category : Business & Economics
ISBN : 9781451849431

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Carbon Taxes by Mr.Ved P. Gandhi,Mr.Javier Cuervo Pdf

The carbon tax is a major instrument for curbing greenhouse gas emissions that cause global warming. Yet its adoption has been limited because of concerns over its effects on economic growth, income distribution, and international competitiveness. The paper shows that policymakers can minimize the effects of the tax on economic growth through an efficient recycling of tax revenues and on equity through the adoption of appropriate mitigating or compensating measures. To eliminate the worry about the loss of competitiveness, the paper suggests an international agreement on a coordinated adoption of the tax.

Author : Anwar Shah,Bjorn Larsen
Publisher : World Bank Publications
Page : 59 pages
File Size : 41,7 Mb
Release : 1992
Category : Air
ISBN : 8210379456XXX

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Carbon Taxes, the Greenhouse Effect, and Developing Countries by Anwar Shah,Bjorn Larsen Pdf

A universal case cannot be made for national carbon taxes. Nevertheless, such taxes make eminent sense for many developing countries - on the grounds of equity, efficiency, ease of tax administration, and an improved local environment, even ignoring the potential benefits from controlling global carbon emissions.

Author : International Monetary Fund. Fiscal Affairs Dept.
Publisher : International Monetary Fund
Page : 109 pages
File Size : 55,5 Mb
Release : 2019-05-02
Category : Business & Economics
ISBN : 9781498310796

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Fiscal Policies for Paris Climate Strategies—from Principle to Practice by International Monetary Fund. Fiscal Affairs Dept. Pdf

This paper discusses the role of, and provides practical country-level guidance on, fiscal policies for implementing climate strategies using a unique and transparent tool laying out trade-offs among policy options.

Author : Shi-Ling Hsu
Publisher : Island Press
Page : 248 pages
File Size : 43,7 Mb
Release : 2012-06-22
Category : Political Science
ISBN : 9781610911788

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The Case for a Carbon Tax by Shi-Ling Hsu Pdf

There's a simple, straightforward way to cut carbon emissions and prevent the most disastrous effects of climate change-and we're rejecting it because of irrational political fears. That's the central argument of The Case for a Carbon Tax, a clear-eyed, sophisticated analysis of climate change policy. Shi-Ling Hsu examines the four major approaches to curbing CO2: cap-and-trade; command and control regulation; government subsidies of alternative energy; and carbon taxes. Weighing the economic, social, administrative, and political merits of each, he demonstrates why a tax is currently the most effective policy. Hsu does not claim that a tax is the perfect or only solution-but that unlike the alternatives, it can be implemented immediately and paired effectively with other approaches. In fact, the only real barrier is psychological. While politicians can present subsidies and cap-and-trade as "win-win" solutions, the costs of a tax are immediately apparent. Hsu deftly explores the social and political factors that prevent us from embracing this commonsense approach. And he shows why we must get past our hang-ups if we are to avert a global crisis.

Author : Gilbert E. Metcalf
Publisher : Oxford University Press, USA
Page : 201 pages
File Size : 51,5 Mb
Release : 2019-01-10
Category : Business & Economics
ISBN : 9780190694197

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Paying for Pollution by Gilbert E. Metcalf Pdf

Climate change : what's the big deal? -- Business as usual : what are the costs? -- Why do economists like a carbon tax? -- Isn't there a better way? (No, there isn't) -- Cap and trade : the other way to price pollution -- What to do with $200 billion : give it back -- So you want a carbon tax : how do you design it? -- Objections to a carbon tax -- Enacting a carbon tax: how do we get there? -- Afterword : what next? -- References -- Notes

Author : Don Fullerton,Catherine D. Wolfram
Publisher : University of Chicago Press
Page : 345 pages
File Size : 51,7 Mb
Release : 2012-09-06
Category : Business & Economics
ISBN : 9780226921983

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The Design and Implementation of US Climate Policy by Don Fullerton,Catherine D. Wolfram Pdf

Economic research on climate change has been crucial in advancing our understanding of the consequences associated with global warming as well as the costs and benefits of the various policies that might reduce emissions of greenhouse gases. As nations work to develop climate policies, economic insights into their design and implementation are ever more important. With a balance between theoretical and empirical approaches, The Design and Implementation of US Climate Policy looks at the possible effects of various climate policies on a range of economic outcomes. The studies that comprise the volume examine topics that include the coordination—or lack thereof—between the federal and state governments, implications of monitoring and enforcing climate policy, and the specific consequences of various climate policies for the agricultural, automotive, and buildings sectors.

Author : Gilbert E. Metcalf
Publisher : Oxford University Press
Page : 256 pages
File Size : 50,9 Mb
Release : 2018-12-11
Category : Business & Economics
ISBN : 9780190694210

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Paying for Pollution by Gilbert E. Metcalf Pdf

The threats posed by global climate change are widely recognized and carbon emmissions are the major source of greenhouse gases accumulating in the atmosphere. Burning fossil fuels causes long-lasting, pervasive damages, costly to those of us alive today and even more to our children and our children's children. The United States is the second largest carbon emitting country in the world and should play a key role in global efforts to reduce emissions. Paying for Pollution incisively examines the very real costs-economic and social-of climate change and the challenges of concerted action to reduce future losses due to damages of higher temperatures and more extreme weather. Gilbert E. Metcalf argues that there is a convergence of social, economic, environmental, and political forces that provides an opening for a new approach to climate policy, one based on market principles that can appeal to politicians across the political spectrum. After all, markets work best when the price of a good reflects all its costs. Metcalf suggests that a thoughtfully and politically sensitive designed carbon tax could also contribute to an improved tax system, something desired by Republican and Democratic politicians alike. That is, a carbon tax increases fiscal flexibility by providing new revenues to finance reforms to the income tax that improve the fairness of the tax code and contribute to economic growth. Metcalf compares the benefits of a carbon tax to other potential policies, such as cap and trade, to reduce the threats of climate change. None, he shows, are as effective, efficient, and fair as a carbon tax.

Author : Janet E. Milne,Mikael Skou Andersen
Publisher : Edward Elgar Publishing
Page : 529 pages
File Size : 45,9 Mb
Release : 2012-01-01
Category : Business & Economics
ISBN : 9781781952146

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Handbook of Research on Environmental Taxation by Janet E. Milne,Mikael Skou Andersen Pdf

ÔIngeniously organized in a life cycle format, the Handbook covers environmental taxation concepts, design, acceptance, implementation, and impact. The universal themes discussed in each area will appeal to a broad range of readers.Õ Ð Larry Kreiser, Cleveland State University, US ÔThis book is a smart and useful readerÕs guide providing analytical tools for a full comprehension of environmental taxes, with an interdisciplinary approach that looks at all the different phases of environmental taxation: from the design to the implementation, the political acceptance and the impact on the economy. The authorsÕ effort is very successful in endowing academicians, policy makers and the general public with an excellent proof of the effectiveness of environmental taxes and green tax reforms.Õ Ð Alberto Majocchi, University of Pavia, Italy ÔPutting the words ÒenvironmentÓ next to ÒtaxationÓ might not always be the flavour of the month, but no modern society can ignore the value of the natural environment and the need to maintain its good quality and no competitive economy can prosper without the necessary tax revenues to function. Environmental taxation offers the prospect of moving towards a more resource-efficient economy, where preference is given to tax more what we burn, less what we earn. I welcome this contribution to the literature.Õ Ð Commissioner Connie Hedegaard, European Commission ÔThe Milne and Andersen volume provides a splendid treatment of environmental taxation that encompasses the basic conceptual issues, problems of tax design and implementation, and several insightful case studies that show how environmental taxes actually work in practice. It is the best overall treatment of environmental taxation available: comprehensive, rigorous, and readable.Õ Ð Wallace Oates, University of Maryland, US The Handbook of Research on Environmental Taxation captures the state of the art of research on environmental taxation. Written by 36 specialists in environmental taxation from 16 countries, it takes an interdisciplinary and international approach, focusing on issues that are universal to using taxation to achieve environmental goals. The Handbook explores the conceptual foundations of environmental taxation, essential elements for designing environmental tax measures, factors that influence the acceptance of environmental taxation, the variety of ways to implement environmental taxes, their environmental and economic impact and, finally, the larger question of the role of taxation among other policy approaches to environmental protection. Intermixing theory with case studies, the Handbook offers readers lessons that can be applied around the world. It identifies key bodies of research for people who are already working in the field or entering the field and highlights issues that call for more research in the future. With systematic analysis of key issues in environmental taxation, this book will appeal to researchers, governments, think tanks, NGOs, and academics in law, economics, political science and public finance, as well as students specializing in environmental taxation and other market-based instruments.

Author : Anonim
Publisher : World Business Pub.
Page : 0 pages
File Size : 52,7 Mb
Release : 2004
Category : Business enterprises
ISBN : 1569735689

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The Greenhouse Gas Protocol by Anonim Pdf

The GHG Protocol Corporate Accounting and Reporting Standard helps companies and other organizations to identify, calculate, and report GHG emissions. It is designed to set the standard for accurate, complete, consistent, relevant and transparent accounting and reporting of GHG emissions.

Author : National Research Council,Policy and Global Affairs,Board on Science, Technology, and Economic Policy,Committee on the Effects of Provisions in the Internal Revenue Code on Greenhouse Gas Emissions
Publisher : National Academies Press
Page : 199 pages
File Size : 46,9 Mb
Release : 2013-07-20
Category : Political Science
ISBN : 9780309282697

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Effects of U.S. Tax Policy on Greenhouse Gas Emissions by National Research Council,Policy and Global Affairs,Board on Science, Technology, and Economic Policy,Committee on the Effects of Provisions in the Internal Revenue Code on Greenhouse Gas Emissions Pdf

The U.S. Congress charged the National Academies with conducting a review of the Internal Revenue Code to identify the types of and specific tax provisions that have the largest effects on carbon and other greenhouse gas emissions and to estimate the magnitude of those effects. To address such a broad charge, the National Academies appointed a committee composed of experts in tax policy, energy and environmental modeling, economics, environmental law, climate science, and related areas. For scientific background to produce Effects of U.S. Tax Policy on Greenhouse Gas Emissions, the committee relied on the earlier findings and studies by the National Academies, the U.S. government, and other research organizations. The committee has relied on earlier reports and studies to set the boundaries of the economic, environmental, and regulatory assumptions for the present study. The major economic and environmental assumptions are those developed by the U.S. Energy Information Administration (EIA) in its annual reports and modeling. Additionally, the committee has relied upon publicly available data provided by the U.S. Environmental Protection Agency, which inventories greenhouse gas (GHG) emissions from different sources in the United States. The tax system affects emissions primarily through changes in the prices of inputs and outputs or goods and services. Most of the tax provisions considered in this report relate directly to the production or consumption of different energy sources. However, there is a substantial set of tax expenditures called "broad-based" that favor certain categories of consumption-among them, employer-provided health care, owner-occupied housing, and purchase of new plants and equipment. Effects of U.S. Tax Policy on Greenhouse Gas Emissions examines both tax expenditures and excise taxes that could have a significant impact on GHG emissions.

Author : United States. Department of the Treasury,United States. Congress. House. Committee on Ways and Means
Publisher : Unknown
Page : 12 pages
File Size : 53,7 Mb
Release : 1975
Category : Revenue
ISBN : PURD:32754077530040

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Estimates of Federal Tax Expenditures by United States. Department of the Treasury,United States. Congress. House. Committee on Ways and Means Pdf