• DOI:10.1006/JEEM.1996.0962
Corpus ID: 153704820

Carbon Taxes with Exemptions in an Open Economy: A General Equilibrium Analysis of the German Tax Initiative

@article{Bhringer1997CarbonTW,
  title={Carbon Taxes with Exemptions in an Open Economy: A General Equilibrium Analysis of the German Tax Initiative},
  author={C. B{\"o}hringer and T. Rutherford},
  journal={Journal of Environmental Economics and Management},
  year={1997},
  volume={32},
  pages={189-203}
}

C. Böhringer, T. Rutherford

Published 1997

Economics

Journal of Environmental Economics and Management

Abstract Sectoral exemptions from environmental regulation are applied in many countries to avoid adverse adjustment effects in specific industries. The problem with exemptions is that they can make environmental policy more costly. Our paper analyzes the welfare costs of exemptions in environmental policy together with the issue of unilateral carbon taxes in an open economy. Several countries within the EU have introduced or contemplated unilateral taxes to reduce anthropogenic CO2emissions… CONTINUE READING

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