Carbon Taxation in Europe : Expanding the EU Carbon Price

  • David A. Weisbach
  • Published 2014
The current pricing mechanism for carbon in the EU, the EU emissions trading system, only covers 40 percent of emissions. Carbon taxation currently plays no role. The Commission has recently proposed to revise the energy tax system in the EU to include a carbon tax component. This paper evaluates the Commission proposal and considers the possible expansion… CONTINUE READING