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Evaluating the efficiency of carbon emissions policies in a large emitting developing country

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Using the energy-environmental version of the Global Trade Analysis Project, this study compares the effects of
three carbon emissions mitigation strategies – a carbon tax, a fuel tax and an emissions trading scheme (ETS) to
combat the intended emissions target for Indonesia, a large emitting developing country. Although the fuel tax
was found to raise economic growth by 0.29% in 2030, the carbon tax and ETS which reduce economic growth
by about 0.11% have less adverse effects on inflation, welfare loss, wage decline, and employment loss. Unlike
the fuel tax, the carbon tax and ETS are also likely to promote substitution towards renewable energy given the
massive increase in the price of coal of over 100% due to the carbon tax and ETS. To meet Indonesia’s emissions
target, a carbon tax of US$36/ton of CO2 is needed. The carbon tax which is simpler and more swiftly
implementable is the more practical choice compared to the ETS in the short to medium term for developing
countries with political economy constraints in their energy and transportation sectors.

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Ketersediaan

EJ2089

My Library

Tersedia

Informasi Detil

Judul Seri

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No. Panggil

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Penerbit

Elsevier Ltd. : ., 2020

Deskripsi Fisik

11 p.

Bahasa

English

ISBN/ISSN

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Klasifikasi

NONE

Tipe Isi

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Tipe Media

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Tipe Pembawa

online resource

Edisi

Energy Policy 136 (2020) 111080

Subyek

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Info Detil Spesifik

Ejurnal

Pernyataan Tanggungjawab

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Versi lain/terkait

Lampiran Berkas

Komentar

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