TITLE

Carbon Tax with Reinvestment Trumps Cap-and- Trade

AUTHOR(S)
Sewalk, Stephen
PUB. DATE
April 2013
SOURCE
Pace Environmental Law Review;Spring2013, Vol. 30 Issue 2, preceding p580
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article introduces carbon tax with reinvestment, whereby all taxes raised by the carbon tax are reinvested into specific low-to-no carbon energy sources resulting in a systematic reduction in total carbon emissions. It elucidates the term "carbon tax" and reviews the current opinion surrounding carbon tax proposals with reference to the available literature. Further, it provides an overview of the existing cap-and-trade proposals to date while evaluating European Union's Emission Trading Scheme (EU-ETS) and arguing about its effectiveness, if applied in the U.S. It then introduces the carbon tax with reinvestment while talking about its functioning and compares it with cap-and-trade.
ACCESSION #
90670580

 

Related Articles

  • Ancillary impacts of energy-related climate change mitigation options in Africa's least developed countries. Rowlands, Ian // Mitigation & Adaptation Strategies for Global Change;Oct2011, Vol. 16 Issue 7, p749 

    This article analyses the debate associated with the ancillary impacts of climate change mitigation options in developing countries, with a particular focus upon Africa's 34 least developed countries. While these countries' emissions of greenhouse gases are relatively small (and they do not have...

  • Europe set for tough debate on curbing aircraft emissions. Giles, Jim // Nature;8/11/2005, Vol. 436 Issue 7052, p764 

    Reports on the plan of the European Commission to release a proposal to reduce aircraft emissions. Use of emissions trading to limit emissions from other European industries; Percentage of global greenhouse gases emitted by the aviation industry; Difficulty of quantifying the impact of airline...

  • Greenhouse targets at risk, warns Brussels. Milne, Roger // Utility Week;7/23/2004, Vol. 22 Issue 5, p10 

    Enumerates European states named by the European Commission as likely to miss their targets for reducing greenhouse gas emissions. Decline in the emission of greenhouse gases covered by the Kyoto Protocol in 2002; Prospects for emissions trading scheme of the Commission in 2005.

  • Tricks of the trade. Baker, John // ICIS Chemical Business;3/12/2007, Vol. 2 Issue 57, p20 

    The article focuses on the status of the emissions-trading scheme (ETS) being conducted by the European Union (EU). ETS will be operating in its second phase and the EU has undertaken that, by the end of this period, the scheme is expected to cut greenhouse gas emission by 8% from a 1990...

  • British Columbia Carbon Tax Review.  // Tax Executive;Sep/Oct2012, Vol. 64 Issue 5, p393 

    The article focuses on the Carbon Tax in British Columbia (B.C.). It states that B.C. became the only jurisdiction in the Pacific Northwest to enforce a carbon tax on sources of energy other than hydro-electric. It notes that the tax imposed on fuel purchased is aimed to promote the reduction of...

  • In Historic Blow to Climate Hysteria, Australia Kills Carbon Tax.  // New American (08856540);8/11/2014, Vol. 30 Issue 15, p6 

    The article reports on the decision of the Australian government to repeal its tax on emissions of carbon dioxide.

  • Global Warming Potential Implications and Methodological Challenges of Road Transport Emissions in Nigeria. Nwanya, S. C.; Offili, I. // Energy & Environment Research;Jun2013, Vol. 3 Issue 1, p169 

    The purpose of this study is to examine the repercussions vehicular road transport emissions have on global warming potential (GWP), and the need to address the issue considering methodological challenges facing road transportation in Nigeria. Specific objectives of the study includes to...

  • Exploiting Soil-Management Strategies for Climate Mitigation in the European Union: Maximizing "Win-Win" Solutions across Policy Regimes. Henriksen, Christian Bugge; Hussey, Karen; Holm, Peter E. // Ecology & Society;2011, Vol. 16 Issue 4, p1 

    The Intergovernmental Panel on Climate Change (IPCC) has identified a number of soil-management strategies that can be implemented to reduce GHG emissions. However, before deciding which of these strategies are most appropriate in any given situation, it is important to investigate how these...

  • The water impacts of climate change mitigation measures. Wallis, Philip; Ward, Michael; Pittock, Jamie; Hussey, Karen; Bamsey, Howard; Denis, Amandine; Kenway, Steven; King, Carey; Mushtaq, Shahbaz; Retamal, Monique; Spies, Brian // Climatic Change;Jul2014, Vol. 125 Issue 2, p209 

    A variety of proposed activities to mitigate greenhouse gas emissions will impact on scarce water resources, which are coming under increasing pressure in many countries due to population growth and shifting weather patterns. However, the integrated analysis of water and carbon impacts has been...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics