Are carbon taxes the best tool to implement the Kyoto commitments? A comment on Stephen Smith's paper

G. Campbell Watkins

International Journal of Global Energy Issues, 1999, vol. 12, issue 7/8, 355-362

Abstract: These comments cover key aspects of Smith's paper. They focus on problems of awarding a central role to carbon taxes, and extend the discussion to harnessing the power of property rights via tradable permits.

Keywords: tax harmony; tax competition; allocative efficiency; location decisions; capital mobility; ecological dumping; price elasticity; efficiency; tradable permits. (search for similar items in EconPapers)
Date: 1999
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