Taxes vs Permits: Options for Price-Based Climate Change Regulation

Isabelle Sin, Suzi Kerr and Joanna Hendy

No 292898, Motu Working Papers from Motu Economic and Public Policy Research

Abstract: This paper provides an overview of key issues involved in the choice among marketbased instruments for climate change policy. Specifically, it examines the potential net benefits from shifting to a permit system for emission reduction, and the preconditions necessary for this change. It also draws out the implications of New Zealand’s specific circumstances and current climate policies for future policy development.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 63
Date: 2005-03
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Persistent link: https://EconPapers.repec.org/RePEc:ags:motuwp:292898

DOI: 10.22004/ag.econ.292898

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