Emission Trading with Fiscal Externalities: The Case for a Common Carbon Tax for the Non-ETS Emissions in the EU
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DOI: 10.1007/s10640-017-0184-x
Abstract: A government is fiscally constrained if it is unable to raise sufficient tax revenue to finance the first-best level of public spending. When involved in emission trading, a fiscally constrained government will potentially seek to… read more here.
Keywords: tax; trading; fiscal externalities; permit ... See more keywords