Will the use of a carbon tax for revenue generation produce an incentive to continue carbon emissions?

Integrated assessment models are commonly used to generate optimal carbon prices based on an objective function that maximizes social welfare. Such models typically project an initially low carbon price that increases with time. This framework does not reflect the incentives of decision makers who a...

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Bibliographic Details
Main Authors: Rong Wang, Juan Moreno-Cruz, Ken Caldeira
Format: Article
Language:English
Published: IOP Publishing 2017-01-01
Series:Environmental Research Letters
Subjects:
Online Access:https://doi.org/10.1088/1748-9326/aa6e8a