Download Any Book How Much Carbon Pricing is in Countries’ Own Interests? The Critical Role of Co-Benefits

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How Much Carbon Pricing is in Countries’ Own Interests? The Critical Role of Co-Benefits High quality books

How Much Carbon Pricing is in Countries’ Own Interests? The Critical Role of Co-Benefits
By:Ian W.H. Parry,Mr. Chandara Veung,Mr. Dirk Heine
Published on 2014-09-17 by International Monetary Fund

This paper calculates, for the top twenty emitting countries, how much pricing of carbon dioxide (CO2) emissions is in their own national interests due to domestic co-benefits (leaving aside the global climate benefits). On average, nationally efficient prices are substantial, $57.5 per ton of CO2 (for year 2010), reflecting primarily health co-benefits from reduced air pollution at coal plants and, in some cases, reductions in automobile externalities (net of fuel taxes/subsidies). Pricing co-benefits reduces CO2 emissions from the top twenty emitters by 13.5 percent (a 10.8 percent reduction in global emissions). However, co-benefits vary dramatically across countries (e.g., with population exposure to pollution) and differentiated pricing of CO2 emissions therefore yields higher net benefits (by 23 percent) than uniform pricing. Importantly, the efficiency case for pricing carbon’s co-benefits hinges critically on (i) weak prospects for internalizing other externalities through other pricing instruments and (ii) productive use of carbon pricing revenues.

This Book was ranked at 32 by Google Books for keyword Distributional effects.

Book ID of How Much Carbon Pricing is in Countries’ Own Interests? The Critical Role of Co-Benefits's Books is ZKQiBQAAQBAJ, Book which was written byIan W.H. Parry,Mr. Chandara Veung,Mr. Dirk Heinehave ETAG "GrWXktVjaEs"

Book which was published by International Monetary Fund since 2014-09-17 have ISBNs, ISBN 13 Code is 9781498330145 and ISBN 10 Code is 1498330142

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