Abstract
A uniform carbon tax and Citizen Carbon Fund are proposed as a zero-sum system of transfers that can increase equilibrium participation and result in a positive carbon check for each citizen covered by the agreement. The carbon tax results in efficient abatement, generates tax revenue and finances transfers that increase equilibrium participation in a climate agreement. A single carbon price is easier to negotiate than many different abatement requirements, but mirrors the results of a cap-and-trade agreement. An example using the four largest carbon emitters illustrates the set of stable agreements, the transfers required for stability and the resulting carbon checks.
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© 2022 Walter de Gruyter GmbH, Berlin/Boston
Artikel in diesem Heft
- Frontmatter
- Research Articles
- Still the Lands of Equality? Heterogeneity of Income Composition in the Nordics, 1975–2016
- Citizen Carbon Fund: Harmonized International Carbon Taxes and Transfers to Increase Treaty Size
- Family Financial Socialization and Wealth Decisions
- Childcare, Parental Behavior and Well-Being during Childhood
- Letters
- On the Persistence of Mental Health Deterioration during the COVID-19 Pandemic by Sex and Ethnicity in the UK: Evidence from Understanding Society
- Residential-Based Discrimination in the Labor Market
- Familiarity and Race Bias: Evidence from a Television Competition (and the Case for More Women Judges?)
- Who Lost the Most? Mathematics Achievement during the COVID-19 Pandemic
Artikel in diesem Heft
- Frontmatter
- Research Articles
- Still the Lands of Equality? Heterogeneity of Income Composition in the Nordics, 1975–2016
- Citizen Carbon Fund: Harmonized International Carbon Taxes and Transfers to Increase Treaty Size
- Family Financial Socialization and Wealth Decisions
- Childcare, Parental Behavior and Well-Being during Childhood
- Letters
- On the Persistence of Mental Health Deterioration during the COVID-19 Pandemic by Sex and Ethnicity in the UK: Evidence from Understanding Society
- Residential-Based Discrimination in the Labor Market
- Familiarity and Race Bias: Evidence from a Television Competition (and the Case for More Women Judges?)
- Who Lost the Most? Mathematics Achievement during the COVID-19 Pandemic