Carte carbone: les arguments pour en débattre
Antonin Pottier
Revue d'économie politique, 2022, vol. 132, issue 5, 723-750
Abstract:
Personal carbon trading is a downstream cap-and-trade system for GHG emissions that targets households. This alternative to a carbon tax is present in the public debate in France, in various forms. Based on the existing scientific literature, the article discusses what can be expected of personal carbon trading along five dimensions: environmental effectiveness, cost-effectiveness, equity, operational feasibility and acceptability. It systematically compares the properties of personal carbon trading with those of a carbon tax and with those claimed by its proponents. In terms of equity, the two instruments have similar opportunities, despite what has been claimed. The environmental effectiveness of personal carbon trading, which is often emphasised, is not decisive, while the shortcomings of quotas trading are underestimated. Personal carbon trading can raise the visibility of GHG emissions to individuals. The effects of this interesting feature are still uncertain.
Keywords: personal carbon trading; cap-and-trade; carbon tax; climate change policy (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:cai:repdal:redp_325_0723
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