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  • The Economics of Carbon Abatement: An Integrated Diagrammatic Framework

    Author(s)
    Guest, Ross
    Griffith University Author(s)
    Guest, Ross
    Year published
    2009
    Metadata
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    Abstract
    The aim of this article is to present the economics of carbon abatement in an integrated framework with application to key policy questions. While the core ideas are well known, the innovation here is to integrate the marginal costs and benefits of carbon abatement with the market for carbon permits in a diagrammatic framework. This framework is then used to analyse a range of issues in the public debate about carbon abatement and carbon trading schemes, such as special assistance for certain industries, tax concessions on particular carbon-intensive goods such as petrol, government subsidies for renewable energy, and the ...
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    The aim of this article is to present the economics of carbon abatement in an integrated framework with application to key policy questions. While the core ideas are well known, the innovation here is to integrate the marginal costs and benefits of carbon abatement with the market for carbon permits in a diagrammatic framework. This framework is then used to analyse a range of issues in the public debate about carbon abatement and carbon trading schemes, such as special assistance for certain industries, tax concessions on particular carbon-intensive goods such as petrol, government subsidies for renewable energy, and the effects of uncertainty and technological change.
    View less >
    Journal Title
    Economic Papers
    Volume
    28
    Issue
    2
    Publisher URI
    http://www.interscience.wiley.com/jpages/0812-0439
    DOI
    https://doi.org/10.1111/j.1759-3441.2009.00023.x
    Subject
    Applied economics
    Environment and resource economics
    Banking, finance and investment
    Publication URI
    http://hdl.handle.net/10072/29376
    Collection
    • Journal articles

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