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DP17677 Radical Climate Policies
How do you successfully do a carbon tax?
Rick Van Der Ploeg says that the only way to obtain overwhelming support for carbon pricing is by making sure that as many people as possible benefit from the green tax reform.
Defusing the carbon bombs
Sanctions against Russia have sent the price of oil and gas rocketing – triggering more, not less, fossil fuel extraction, and some giant projects that have been called “carbon bombs”.
Recycling revenue to improve political feasibility of carbon pricing in the UK
Microsimulations of household behaviour from UK data to investigate the efficiency and equity impacts of different ways of recycling carbon tax revenue finds that rebating carbon tax revenues through social security payments renders the policy progressive and benefits the highest share of households in the sample