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An environmental and natural resource economics blog by Adam Bailey (below). For details and profile see About.
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Tag Archives: carbon tax
UK Climate Change Policy – A Critical Analysis (2)
The second of this series of posts focuses on carbon pricing in the UK, on policies for those sectors not currently subject to a carbon price, and on the integration of housing policy with climate change mitigation policy. The UK … Continue reading
Some Carbon Tax Scenarios
How does a competitive industry respond to an emissions tax in the short run and the long run? What if the industry is a monopoly? In this post I bring together two standard pieces of microeconomic analysis: the effect of … Continue reading
Do We Need a Renewables Policy?
Question: If an effective carbon tax or cap-and-trade policy is in place to limit greenhouse gas emissions, is there any point in having a separate policy to promote renewable energy sources? I have read several times recently that the answer … Continue reading
Some Economics of a Carbon Tax
A carbon tax can be an effective policy for reducing emissions. It also affects output and social welfare. Like many economists I am fond of diagrams. I feel I understand a piece of economics when I see it expressed in … Continue reading
Posted in Climate change Tagged abatement cost, carbon tax, marginal abatement cost Leave a comment