AGE Analysis of the Impact of a Carbon Energy Tax on the Irish Economy

@inproceedings{Wissema2006AGEAO,
  title={AGE Analysis of the Impact of a Carbon Energy Tax on the Irish Economy},
  author={Wiepke Wissema and Rob Dellink},
  year={2006}
}
A computable general equilibrium model with specific detail in taxation and energy use is developed in this paper to quantify the impact of the implementation of energy taxation to reduce carbon dioxide emissions in Ireland. We find that the reduction target for energy related CO2 emissions in Ireland of 25.8 percent compared to 1998 levels can be achieved with a carbon energy tax of 10-15 euro per tonne of CO2. Though fuel switching is important in meeting the target, this result is more… CONTINUE READING
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