The distributional implications of a carbon tax in Ireland

Callan, Tim, Lyons, Sean, Scott, Susan, Tol, Richard S J and Verde, Stefano (2009) The distributional implications of a carbon tax in Ireland. Energy Policy, 37 (2). pp. 407-412. ISSN 0301-4215

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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.

Item Type: Article
Schools and Departments: School of Business, Management and Economics > Economics
Subjects: G Geography. Anthropology. Recreation > GE Environmental Sciences > GE170 Environmental policy
H Social Sciences > HB Economic theory. Demography
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Depositing User: Richard Tol
Date Deposited: 17 Apr 2012 11:00
Last Modified: 30 Nov 2012 17:11
URI: http://sro.sussex.ac.uk/id/eprint/38280
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