The Distributional Impact of a Carbon Tax in Asia and the Pacific /

While a carbon tax is widely acknowledged as an efficient policy to mitigate climate change, adoption has lagged. Part of the challenge resides in the distributional implications of a carbon tax and a belief that it tends to be regressive. Even when not regressive, poor households could be hurt by a...

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Détails bibliographiques
Auteur principal: Alonso, Cristian
Autres auteurs: Kilpatrick, Joey.
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2022.
Collection:IMF Working Papers; Working Paper ; No. 2022/116
Sujets:
Accès en ligne:Full text available on IMF
Description
Résumé:While a carbon tax is widely acknowledged as an efficient policy to mitigate climate change, adoption has lagged. Part of the challenge resides in the distributional implications of a carbon tax and a belief that it tends to be regressive. Even when not regressive, poor households could be hurt by a carbon tax, particularly in countries that rely heavily on carbon-intensive energy sources. Using household surveys, we study how a carbon tax may affect households in the Asia Pacific region, the main source of CO2 emissions. We document a wide range of country-specific policies that could be implemented to compensate households, reduce inequality, and build support for adoption.
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Description matérielle:1 online resource (50 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Accès:Electronic access restricted to authorized BRAC University faculty, staff and students