CARBON TAXES AND CURRENT ENERGY POLICIES IN OECD COUNTRIES

In response to the threat of global warming much attention has been paid to taxes levied on the carbon content of fossil fuels (carbon taxes), since they are a potentially efficient economic instrument for reducing emissions of CO2, the main greenhouse gas. This paper first reviews the existing and evolving structure of fossil fuel prices and taxes and the relationship between energy prices and emissions. It then analyses the economic cost of superimposing carbon taxes on top of current energy taxes. Finally, using a simple energy demand system, tax reform proposals are simulated including restructuring present energy taxation by the average implicit carbon tax and a carbon cum energy tax similar to the EC proposal. (A) For the covering abstract see IRRD 866201.

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  • Corporate Authors:

    Organisation for Economic Co-operation and Development (OECD)

    2, rue André Pascal
    Paris,   France  75775 Paris Cedex 16
  • Authors:
    • HOELLER, P
    • COPPEL, J
  • Publication Date: 1992

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00668653
  • Record Type: Publication
  • Source Agency: Transport Research Laboratory
  • ISBN: 92-64-13828-5
  • Files: ITRD
  • Created Date: Nov 16 1994 12:00AM