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Carbon Taxation: A Tale of Three Countries

Artikel i vetenskaplig tidskrift
Författare Thomas Sterner
Mark Jaccard
Patrick Criqui
Publicerad i Sustainability
Volym 2019
Nummer/häfte 11
ISSN 2071-1050
Publiceringsår 2019
Publicerad vid Institutionen för nationalekonomi med statistik
Språk en
Länkar https://doi.org/10.3390/su11226280
Ämnesord GHG abatement, environmental policy, economic instruments, carbon tax, cost-effectiveness, acceptability
Ämneskategorier Nationalekonomi

Sammanfattning

Carbon pricing is considered by most economists as a central dimension to any climate policy. It is assumed to bring simple, transparent, and cost-effective means to change investment and consumption behaviors. The most straightforward method is carbon taxation, but its implementation is more complex. This study provides a comparative analysis of carbon taxation in three countries—Sweden, Canada, and France—aimed at drawing lessons for the future of carbon taxation. Comparing the experience of the three countries reveals that carbon taxes, once in place, do have the intended effect. In this sense, they work well. However, the analysis also reveals very different situations in terms of advances, difficulties, and results, which highlights the need to carefully consider the social and political conditions for the acceptance and effective implementation of such economic instruments. Against this background, the comparative analysis yields four main insights that deserve further research from economics and social scientists: the ability to combine pure economic instruments and other regulation or policies and measures; the management of lobbies and vested interests; the identification of a clear strategy for the recycling of the carbon revenues, whether earmarked or not; and finally, the importance of these three dimensions of carbon taxes in the new settings of zero net emission policies.

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