| |  Online-Ressource |
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| Verfasst von: | Abrell, Jan [VerfasserIn]  |
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| | Kosch, Mirjam [VerfasserIn] |
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| | Rausch, Sebastian [VerfasserIn] |
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| Titel: | How effective is carbon pricing? |
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| Titelzusatz: | A machine learning approach to policy evaluation |
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| Verf.angabe: | Jan Abrell, Mirjam Kosch, Sebastian Rausch |
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| E-Jahr: | 2022 |
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| Jahr: | March 2022 |
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| Umfang: | 28 S. |
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| Fussnoten: | Available online 17 December 2021, versin of record 10 January 2022 ; Gesehen am 04.08.2022 |
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| Titel Quelle: | Enthalten in: Journal of environmental economics and management |
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| Ort Quelle: | Amsterdam [u.a.] : Elsevier, 1974 |
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| Jahr Quelle: | 2022 |
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| Band/Heft Quelle: | 112(2022), Artikel-ID 102589, Seite 1-28 |
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| ISSN Quelle: | 1096-0449 |
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| Abstract: | While carbon taxes are generally seen as a rational policy response to climate change, knowledge about their performance from an ex-post perspective is still limited. This paper analyzes the emissions and cost impacts of the UK CPS, a carbon tax levied on all fossil-fired power plants. To overcome the problem of a missing control group, we propose a policy evaluation approach which leverages economic theory and machine learning for counterfactual prediction. Our results indicate that in the period 2013-2016 the CPS lowered emissions by 6.2 percent at an average cost of €18 per ton. We find substantial temporal heterogeneity in tax-induced impacts which stems from variation in relative fuel prices. An important implication for climate policy is that whether a higher carbon tax leads to higher emissions reductions and higher costs depends on relative fuel prices. |
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| DOI: | doi:10.1016/j.jeem.2021.102589 |
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| URL: | Bitte beachten Sie: Dies ist ein Bibliographieeintrag. Ein Volltextzugriff für Mitglieder der Universität besteht hier nur, falls für die entsprechende Zeitschrift/den entsprechenden Sammelband ein Abonnement besteht oder es sich um einen OpenAccess-Titel handelt.
Volltext ; Verlag: https://doi.org/10.1016/j.jeem.2021.102589 |
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| | Volltext: https://www.sciencedirect.com/science/article/pii/S0095069621001339 |
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| | DOI: https://doi.org/10.1016/j.jeem.2021.102589 |
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| Datenträger: | Online-Ressource |
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| Sprache: | eng |
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| Bibliogr. Hinweis: | Erscheint auch als : Druck-Ausgabe: Abrell, Jan, 1977 - : How effective is carbon pricing?. - 2022 |
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| Sach-SW: | Carbon pricing |
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| | Carbon tax |
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| | Climate policy |
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| | Cost and Environmental Effectiveness |
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| | Electricity |
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| | Emissions abatement |
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| | Machine learning |
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| | Policy evaluation |
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| | UK Carbon Price Support |
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| K10plus-PPN: | 181324779X |
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| Verknüpfungen: | → Zeitschrift |
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How effective is carbon pricing? / Abrell, Jan [VerfasserIn]; March 2022 (Online-Ressource)
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