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DOI | 10.1111/sjoe.12555 |
Will the centralization of carbon pricing revenue in the European Union lead to laxer climate policy? | |
Fuest, Clemens; Meier, Volker | |
发表日期 | 2024 |
ISSN | 0347-0520 |
EISSN | 1467-9442 |
英文摘要 | We analyze the economic impact of using carbon pricing revenue to fund the European Union (EU) budget. Such a reform would redistribute from countries with above-average carbon-intensive production to less-carbon-intensive countries. Once the reform is implemented, the low-carbon countries will prefer a lower carbon price (i.e., laxer climate policy at the EU level) than before the reform, and vice versa. As a result, EU climate policy becomes less ambitious and less disputed, where quantitative impacts presumably remain small. Weaker incentives for national governments to enforce emission taxes after revenue centralization might also contribute to higher emissions. |
英文关键词 | Climate change; EU finances; global externalities; political economy |
语种 | 英语 |
WOS研究方向 | Business & Economics |
WOS类目 | Economics |
WOS记录号 | WOS:001157558900001 |
来源期刊 | SCANDINAVIAN JOURNAL OF ECONOMICS
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/289916 |
作者单位 | Ifo Institut; University of Munich |
推荐引用方式 GB/T 7714 | Fuest, Clemens,Meier, Volker. Will the centralization of carbon pricing revenue in the European Union lead to laxer climate policy?[J],2024. |
APA | Fuest, Clemens,&Meier, Volker.(2024).Will the centralization of carbon pricing revenue in the European Union lead to laxer climate policy?.SCANDINAVIAN JOURNAL OF ECONOMICS. |
MLA | Fuest, Clemens,et al."Will the centralization of carbon pricing revenue in the European Union lead to laxer climate policy?".SCANDINAVIAN JOURNAL OF ECONOMICS (2024). |
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