Emission trading schemes: potential revenue effects, compliance costs and overall tax policy issues

The case for the imposition of carbon (emission) taxes or tradable carbon permits in important tax jurisdictions is arguably strong, based upon the polluter pays principle first proposed by Pigou almost a century ago. This paper briefly reviews the arguments for and against these market-based instru...

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Bibliographic Details
Main Authors: Pope, Jeffrey, Owen, Anthony David
Format: Journal Article
Published: Elsevier Science Ltd. 2009
Online Access:http://hdl.handle.net/20.500.11937/13702