کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
7361494 1478859 2018 18 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The Grey Paradox: How fossil-fuel owners can benefit from carbon taxation
ترجمه فارسی عنوان
پارادوکس خاکستری: چگونه صاحبان سوخت فسیلی میتوانند از مالیات بر کربن استفاده کنند
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی
This paper considers the distributional impact of optimal carbon taxation on fossil-fuel owners. A carbon-emitting exhaustible resource competes with a dirtier abundant resource and a clean backstop. A time-dependent carbon tax is set to optimally use these resources under a cap constraint over CO2 atmospheric concentration. As the cap is tightened, the dirtier resource becomes less competitive compared to the exhaustible resource (the “competition effect”), but the timing and duration of extraction of the exhaustible resource is modified (the “timing effect”). We provide analytical expressions of these effects, and determine conditions over size of reserves, pollution contents, extraction costs and demand elasticity such that the exhaustible-resource owners' profits increase as the ceiling is tightened. Calibrations for the transport and power sectors suggest that the profits of conventional-oil and natural-gas owners increase compared to a baseline without regulation for plausible carbon-ceiling values.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Environmental Economics and Management - Volume 87, January 2018, Pages 206-223
نویسندگان
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