EMF32 RESULTS FROM NEMS: REVENUE RECYCLING
Vipin Arora (),
David Daniels,
Ian Mead and
Russell Tarver
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Ian Mead: U.S. Energy Information Administration, 1000 Independence Ave. SW, Washington DC, 20585, USA
Russell Tarver: U.S. Energy Information Administration, 1000 Independence Ave. SW, Washington DC, 20585, USA
Climate Change Economics (CCE), 2018, vol. 09, issue 01, 1-14
Abstract:
We show results from the National Energy Modeling System generated during the Energy Modeling Forum 32 study — focusing on macroeconomic responses to different methods of recycling carbon tax revenue. We find that recycling such revenue directly to consumers in the form of lump sum payments results in smaller negative GDP impacts than using the revenues to reduce business taxes.
Keywords: Credit; carbon tax; revenue recycling; economic activity (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:ccexxx:v:09:y:2018:i:01:n:s2010007818400146
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DOI: 10.1142/S2010007818400146
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