Carbon Tax under the Clean Development Mechanism: A Unique Approach for Reducing Greenhouse Gas Emissions in Developing Countries

• Tác giả: Govinda R Timilsina
• Ngôn ngữ: eng
• Ký hiệu phân loại: 615.31 Synthetic drugs
• Thông tin xuất bản: 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 326133
• Chủ đề: 1. Country and Industry Studies of Trade F140; 2. Economic Development: Agriculture; 3. Environmental Taxes and Subsidies H230; 4. Redistributive Effects; 5. Taxation and Subsidies: Externalities

Tóm tắt

This study examines the economic and environmental implications of a unique Clean Development Mechanism (CDM) scheme in which a non-Annex B country (Thailand) introduces a carbon tax and exports the resulting emission mitigation as certified emission reductions (CERs). A general equilibrium model for Thailand has been developed for analysing this carbon tax-cum-CDM (CT-CDM) policy. The study finds that, unlike a carbon tax policy, the CT-CDM policy could increase economic welfare in Thailand, depending on CER price and schemes of recycling carbon tax- and CER-revenue to the economy. The CT-CDM policy is found to increase economic welfare at a very low CER price (US5/tCO2).