| DOI: | 10.1080/14693062.2014.937382
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| Scopus记录号: | 2-s2.0-84927909923
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| 论文题名: | Combining price and quantity instruments: insights from South Africa |
| 作者: | Tyler E; , Cloete B
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| 刊名: | Climate Policy
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| ISSN: | 1469-3062
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| EISSN: | 1752-7457
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| 出版年: | 2015
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| 卷: | 15, 期:3 | | 起始页码: | 374
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| 结束页码: | 387
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| 语种: | 英语
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| 英文关键词: | carbon tax
; economic efficiency
; environmental effectiveness
; mitigation
; policy formation
; policy instruments
; South African
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| Scopus学科分类: | nvironmental Science: General Environmental Science
; Earth and Planetary Sciences: Atmospheric Science
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| 英文摘要: | A carbon tax will form the central carbon pricing instrument in South Africa. The country, however, is also in the process of setting specific short-term emissions limits at a subnational level. Additional mitigation policy instruments will thus be required to meet these targets. Although it is possible to combine sector-level quantity targets with a broad-based carbon tax, this article finds that this greatly complicates mitigation policy design, increasing both the information requirements and the likelihood of unintended consequences. The trade-offs between economic efficiency (optimized by the use of a broad-based price set by a carbon tax) and environmental effectiveness (optimized by using instruments that ensure emissions reduction targets are met) are ever present. A clear understanding of subnational quantity targets and an appreciation of the characteristics of the instruments to achieve such targets (quantity-based instruments, QBIs), the framework through which the instruments are combined, and their possible interactions, are required for effective policy making. Three possible frameworks for combining instruments are identified in the article, and some specific implications of interaction between particular QBIs and a carbon tax are suggested. Policy relevance This article explores the interaction of a carbon tax with mitigation policy instruments to meet subnational emissions targets in the South African context (where both a carbon tax and subnational emissions targets are currently being developed). As international negotiations progress towards countries accepting binding GHG emissions restrictions, quantity-based mitigation policy approaches become more important. In countries where a broad-based emissions trading scheme (ETS) is not feasible in the short to medium term, combining a broad-based carbon tax with subnational emission targets provides an alternative mechanism for achieving the economic efficiency and emissions certainty benefits derived from an ETS. This paper considers the mechanisms through which such a combination of instruments can be achieved. Three possible frameworks for combining instruments are identified, some specific implications of interaction between particular QBIs and a carbon tax are suggested, and guidelines and concept tools are presented to assist policy-makers in designing efficient and coherent mitigation policy. © 2014 Taylor & Francis. |
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| 资源类型: | 期刊论文
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| 标识符: | http://119.78.100.158/handle/2HF3EXSE/80426
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| Appears in Collections: | 科学计划与规划
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作者单位: | Independent Climate Economist, Rosebank, South Africa; DNA Economics, 1122 Burnett Street, Hatfield, Pretoria, South Africa
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| Recommended Citation: | |
Tyler E,, Cloete B. Combining price and quantity instruments: insights from South Africa[J]. Climate Policy,2015-01-01,15(3)
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