To Tax or Not to Tax¶
Nordhaus, W. D. (2007). To Tax or Not to Tax: Alternative Approaches to Slowing Global Warming. Review of Environmental Economics and Policy, 1(1), 26-44.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Regularization
- The same structure governs a municipal solar-panel design-review fee (high-value installations proceed, frivolous front-facade ones are discouraged, the fee tuned against approval-rate outcomes) and a carbon price (emissions discouraged by a tradable amount calibrated to a reduction target).
This sourceArgues for a calibrated carbon price (a Pigouvian/harmonized tax) as a tradable soft penalty on emissions tuned toward a reduction target — the governance instance of regularization.
- The same structure governs a municipal solar-panel design-review fee (high-value installations proceed, frivolous front-facade ones are discouraged, the fee tuned against approval-rate outcomes) and a carbon price (emissions discouraged by a tradable amount calibrated to a reduction target).
Verification¶
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