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GTAP Resource #2645

"What world carbon tax for climate change mitigation and adaptation?"
by Altamirano-Cabrera, Juan Carlos, Laurent Drouet, David Bicchetti, Philippe Thalmann and Marc Vielle

We analyze in this paper the implications of a global carbon tax on CO2 to finance the damage and adaptation costs of the developing countries. To attain our objective, we use the GEMINI-E3 model. We considered two options for our scenarios, first that the tax is only applied to
industrialized countries and secondly, that the tax is charged globally. We conclude that a scheme that put the entire tax burden on the industrialized countries would not be a feasible policy strategy. Furthermore, it would be more likely that industrialized countries accept to finance adaptation because it entails a lower financial burden and might incentive DCs to reduce their emissions.

Resource Details (Export Citation) GTAP Keywords
Category: 2008 Conference Paper
Status: Published
By/In: Presented at the 11th Annual Conference on Global Economic Analysis, Helsinki, Finland
Date: 2008
Version: #2644
Created: Vielle, M. (4/10/2008)
Updated: Vielle, M. (4/10/2008)
Visits: 2,125
- Climate change policy
- Dynamic modeling
- The GTAP Data Base and extensions

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