Effective Carbon Prices

Effective Carbon Prices You do not have access to this content

Click to Access: 
    http://oecd.metastore.ingenta.com/content/9713081e.pdf
  • PDF
  • http://www.keepeek.com/Digital-Asset-Management/oecd/environment/effective-carbon-prices_9789264196964-en
  • READ
Author(s):
OECD
Publication Date :
04 Nov 2013
Pages :
100
ISBN :
9789264196964 (PDF) ; 9789264196841 (print)
DOI :
10.1787/9789264196964-en

Hide / Show Abstract

Economic textbooks predict that taxes and emission trading systems are the cheapest way for societies to reduce emissions of CO2. This book shows that this is also the case in the real world. It estimates the costs to society of reducing CO2 emissions in 15 countries using a broad range of policy instruments in 5 of the sectors that generate most emissions: electricity generation, road transport, pulp & paper and cement, as well as households’ domestic energy use. It finds wide variations in the costs of abating each tonne of CO2 within and among countries, as well as in the sectors examined and across different types of policy instruments. Market-based approaches like taxes and trading systems consistently reduced CO2 at a lower cost than other instruments. Capital subsidies and feed-in tariffs were among the most expensive ways of reducing emissions.

Expand / Collapse Hide / Show all Abstracts Table of Contents

  • Mark Click to Access
  • Click to Access: 
      http://oecd.metastore.ingenta.com/content/9713081ec001.pdf
    • PDF
    • http://www.keepeek.com/Digital-Asset-Management/oecd/environment/effective-carbon-prices/foreword_9789264196964-1-en
    • READ
    Foreword

    Comparisons of the effective price put on carbon by policies in different sectors and countries provide valuable insights into the cost-effectiveness of alternative policies to reduce greenhouse emissions (GHGs), and their potential impacts on competiveness. The value of this type of analysis was demonstrated by a report, published in May 2011 by the Australian Productivity Commission, entitled Carbon Emission Policies in Key Economies. The analysis presented in that report had a major impact on that country’s decision to introduce an explicit carbon pricing system on 1 July 2012.

  • Click to Access: 
      http://oecd.metastore.ingenta.com/content/9713081ec002.pdf
    • PDF
    • http://www.keepeek.com/Digital-Asset-Management/oecd/environment/effective-carbon-prices/executive-summary_9789264196964-2-en
    • READ
    Executive summary

    Comparisons of the effective price put on carbon by policies in difference sectors and countries provide valuable insights into the cost-effectiveness of alternative policies to reduce greenhouse emissions (GHGs), and their potential impacts on competiveness. The value of this type of analysis was demonstrated by a report by the Australian Productivity Commission, Carbon Emission Policies in Key Economies,** See www.pc.gov.au/projects/study/carbon-prices/report. which had a major impact on that country’s decision to introduce an explicit carbon pricing system on 1 July 2012.

  • Click to Access: 
      http://oecd.metastore.ingenta.com/content/9713081ec003.pdf
    • PDF
    • http://www.keepeek.com/Digital-Asset-Management/oecd/environment/effective-carbon-prices/methodologies-for-estimating-effective-carbon-prices_9789264196964-3-en
    • READ
    Methodologies for estimating effective carbon prices

    Comparisons of the effective price put on carbon by policies in different sectors and countries provide valuable insights into the cost-effectiveness of alternative policies to reduce greenhouse emissions (GHGs), and their potential impacts on competiveness. The carbon prices can be explicit, such as carbon taxes or prices of emission allowances in GHG emission trading systems, or they can be implicit, reflecting the cost to society per tonne of CO2eq abated as a result of any type of policy measure that have an impact on GHG emissions. This chapter discusses various methodologies for estimating such carbon prices.

  • Click to Access: 
      http://oecd.metastore.ingenta.com/content/9713081ec004.pdf
    • PDF
    • http://www.keepeek.com/Digital-Asset-Management/oecd/environment/effective-carbon-prices/oecd-s-approach-to-estimate-effective-carbon-prices_9789264196964-4-en
    • READ
    OECD's approach to estimate effective carbon prices

    Comparisons of the effective price put on carbon by policies in difference sectors and countries provide valuable insights into the cost-effectiveness of alternative policies to reduce greenhouse emissions (GHGs), and their potential impacts on competiveness. The carbon prices can be explicit, such as carbon taxes or prices of emission allowances in GHG emission trading systems, or they can be implicit, reflecting the cost to society per tonne of CO2eq abated as a result of any type of policy measure that have an impact on GHG emissions. This chapter provides further information about the specific methodology used to estimate effective carbon prices in this project, explains the selection of policies for inclusion in the study, and discusses strengths and weaknesses of the approach used.

  • Click to Access: 
      http://oecd.metastore.ingenta.com/content/9713081ec005.pdf
    • PDF
    • http://www.keepeek.com/Digital-Asset-Management/oecd/environment/effective-carbon-prices/estimated-effective-carbon-prices_9789264196964-5-en
    • READ
    Estimated effective carbon prices

    Comparisons of the effective price put on carbon by policies in difference sectors and countries provide valuable insights into the cost-effectiveness of alternative policies to reduce greenhouse emissions (GHGs), and their potential impacts on competiveness. The carbon prices can be explicit, such as carbon taxes or prices of emission allowances in GHG emission trading systems, or they can be implicit, reflecting the cost to society per tonne of CO2eq abated as a result of any type of policy measure that have an impact on GHG emissions. This chapter presents the estimates that have been elaborated in the project, covering electricity generation, road transport, pulp and paper and cement production and households’ domestic energy use. The chapter compares the estimates across countries, across sectors of the economy and across different types of policy instruments, finding large variations in each case.

  • Add to Marked List