Optimal pollution taxes and endogenous technological progress
Article Abstract:
A study was conducted to determine the optimal pollution tax in a regime of endogenous innovation under a patent system. The results show that the optimal pollution tax will exceed marginal environmental damages only in a monopoly and when patents are too weak to protect against copying. Otherwise, monopoly pricing by the patent holder, excess of patent holder revenue over social benefits from innovation due to convex environmental damages and the common pool effect of research render the optimal tax lower than the marginal environmental damages.
Publication Name: Resource and Energy Economics
Subject: Petroleum, energy and mining industries
ISSN: 0928-7655
Year: 1995
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How large a carbon tax is justified by the secondary benefits of CO2 abatement?
Article Abstract:
The term secondary benefits of abatement refers to the level of pollutants reduced as a result of a comprehensive pollution abatement plan. An analysis of current estimates of the levels of CO2 abatement reveals that the secondary benefits of such an abatement is about the same as the gross abatement costs of significant levels of abatement. It suggests that a 25-50% reduction in CO2 emissions, resulting from a $100/tC carbon tax as mandated under the Second Sulphur Protocol, can be achieved at negative net cost.
Publication Name: Resource and Energy Economics
Subject: Petroleum, energy and mining industries
ISSN: 0928-7655
Year: 1996
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"More is less": The tax effects of ignoring flow externalities
Article Abstract:
A corrective tax can reduce pollution.
Publication Name: Resource and Energy Economics
Subject: Petroleum, energy and mining industries
ISSN: 0928-7655
Year: 2003
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