The Distributional Implications of a Carbon Tax in Ireland

Tim Callan, Sean Lyons, Sue Scott, Richard Tol and Stefano Verde ()

No WP250, Papers from Economic and Social Research Institute (ESRI)

Abstract: We study the effects of carbon tax and revenue recycling across the income distribution in the Republic of Ireland. In absolute terms, a carbon tax of ?20/tCO2 would cost the poorest households less than ?3/week and the richest households more than ?4/week. A carbon tax is regressive, therefore. However, if the tax revenue is used to increase social benefits and tax credits, households across the income distribution can be made better off without exhausting the total carbon tax revenue.

Keywords: Carbon tax; Ireland; income distribution (search for similar items in EconPapers)
JEL-codes: D31 H23 Q54 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2008-07
New Economics Papers: this item is included in nep-eec, nep-ene and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (38)

Downloads: (external link)
https://www.esri.ie/pubs/WP250.pdf First version, 2008 (application/pdf)

Related works:
Journal Article: The distributional implications of a carbon tax in Ireland (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:esr:wpaper:wp250

Access Statistics for this paper

More papers in Papers from Economic and Social Research Institute (ESRI) Contact information at EDIRC.
Bibliographic data for series maintained by Sarah Burns ().