Economic Implications of Reducing Carbon Emissions from Energy Use and Industrial Processes in Brazil
The overall impacts on the Brazilian economy of reducing CO2 emissions from energy use and industrial processes can be assessed using a recursive dynamic general equilibrium model and a hypothetical carbon tax. The study projects that in 2040 under...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2012/07/16507192/economic-implications-reducing-carbon-emissions-energy-use-industrial-processes-brazil-economic-implications-reducing-carbon-emissions-energy-use-industrial-processes-brazil http://hdl.handle.net/10986/11943 |
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okr-10986-11943 |
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| recordtype |
oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ALLOCATION ALLOWANCES ANNUAL ENERGY OUTLOOK APPROACH BALANCE BIOMASS BIOMASS GENERATION BURNING FOSSIL FUELS CALCULATION CANE INDUSTRY CARBON CARBON CONSTRAINTS CARBON CONTENT CARBON EMISSIONS CARBON INTENSITY CARBON MITIGATION CARBON NEUTRAL CARBON PRICE CARBON PRICES CARBON SOURCE CARBON TAX CARBON TAXES CHEMICAL INDUSTRY CLEAN ENERGY CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CLIMATE CHANGE MITIGATION POLICIES CLIMATE POLICY CO2 COAL COAL GAS COAL MINING COMBUSTION COMBUSTION EMISSIONS COMPUTABLE GENERAL EQUILIBRIUM MODEL COST-BENEFIT COST-BENEFIT ANALYSIS CRUDE OIL CRUDE OIL PRICE DEFORESTATION DIESEL DISTRIBUTIONAL IMPLICATIONS DOUBLE DIVIDEND DYNAMIC COMPUTABLE GENERAL EQUILIBRIUM ECONOMIC ANALYSIS ECONOMIC GROWTH ECONOMIC IMPACT ECONOMIC IMPACTS ELASTICITY OF SUBSTITUTION ELECTRICITY ELECTRICITY GENERATION ELECTRICITY GENERATION TECHNOLOGIES ELECTRICITY SECTOR ELECTRICITY SUPPLY EMISSION EMISSION COEFFICIENTS EMISSION CUTS EMISSION REDUCTION EMISSION TARGETS EMISSIONS DATA EMISSIONS FACTORS EMISSIONS FROM DEFORESTATION EMISSIONS FROM ENERGY EMISSIONS FROM ENERGY USE EMISSIONS INTENSITIES EMISSIONS INTENSITY EMISSIONS PREDICTION EMISSIONS REDUCTION EMISSIONS REDUCTIONS ENERGY CONSUMPTION ENERGY DEMAND ENERGY ECONOMICS ENERGY INFORMATION ADMINISTRATION ENERGY POLICY ENVIRONMENTAL ECONOMICS ENVIRONMENTAL IMPACT ENVIRONMENTAL LAW ETHANOL FEEDSTOCK FINANCIAL SUPPORT FOREIGN EXCHANGE FOREST FOREST SECTOR FORESTS FOSSIL FOSSIL FUEL FOSSIL FUELS FRAMEWORK CONVENTION ON CLIMATE CHANGE FUEL CONSUMPTION GAS PRODUCTION GASOLINE GASOLINE CONSUMPTION GENERAL EQUILIBRIUM MODEL GHG GLOBAL CLIMATE CHANGE GLOBAL WARMING GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS CONTROL GREENHOUSE GAS EMISSIONS GREENHOUSE GAS MITIGATION GROSS DOMESTIC PRODUCT HYDRO POWER HYDRO POWER PLANTS HYDROPOWER IMPACTS OF CLIMATE CHANGE INCOME LABOR PRODUCTIVITY LAND-USE CHANGE LEVEL OF EMISSIONS LOW-CARBON METALS NATIONAL EMISSIONS NATURAL GAS NATURAL GAS PRODUCTION NEGATIVE IMPACT NEGATIVE IMPACTS NUCLEAR ELECTRICITY OIL PRICE OIL PRICES OIL RESERVES PETROLEUM POLICY ANALYSIS POLICY IMPLICATIONS POLICY SCENARIOS POLLUTION POWER GENERATION POWER PLANT POWER PLANTS PRICE INDEX RELATIVE PRICES REVENUE RECYCLING SECTORAL RESULTS SUBSTITUTION SUGAR CANE SUGARCANE SUSTAINABLE DEVELOPMENT TAX RATE TAX REVENUE THERMAL POWER THERMAL POWER PLANTS TRADE SYSTEM TRANSPORT SECTOR UTILITY FUNCTION WIND WIND GENERATION WIND POWER WIND POWER GENERATION WIND POWER PLANTS WORLD CRUDE |
| spellingShingle |
ALLOCATION ALLOWANCES ANNUAL ENERGY OUTLOOK APPROACH BALANCE BIOMASS BIOMASS GENERATION BURNING FOSSIL FUELS CALCULATION CANE INDUSTRY CARBON CARBON CONSTRAINTS CARBON CONTENT CARBON EMISSIONS CARBON INTENSITY CARBON MITIGATION CARBON NEUTRAL CARBON PRICE CARBON PRICES CARBON SOURCE CARBON TAX CARBON TAXES CHEMICAL INDUSTRY CLEAN ENERGY CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CLIMATE CHANGE MITIGATION POLICIES CLIMATE POLICY CO2 COAL COAL GAS COAL MINING COMBUSTION COMBUSTION EMISSIONS COMPUTABLE GENERAL EQUILIBRIUM MODEL COST-BENEFIT COST-BENEFIT ANALYSIS CRUDE OIL CRUDE OIL PRICE DEFORESTATION DIESEL DISTRIBUTIONAL IMPLICATIONS DOUBLE DIVIDEND DYNAMIC COMPUTABLE GENERAL EQUILIBRIUM ECONOMIC ANALYSIS ECONOMIC GROWTH ECONOMIC IMPACT ECONOMIC IMPACTS ELASTICITY OF SUBSTITUTION ELECTRICITY ELECTRICITY GENERATION ELECTRICITY GENERATION TECHNOLOGIES ELECTRICITY SECTOR ELECTRICITY SUPPLY EMISSION EMISSION COEFFICIENTS EMISSION CUTS EMISSION REDUCTION EMISSION TARGETS EMISSIONS DATA EMISSIONS FACTORS EMISSIONS FROM DEFORESTATION EMISSIONS FROM ENERGY EMISSIONS FROM ENERGY USE EMISSIONS INTENSITIES EMISSIONS INTENSITY EMISSIONS PREDICTION EMISSIONS REDUCTION EMISSIONS REDUCTIONS ENERGY CONSUMPTION ENERGY DEMAND ENERGY ECONOMICS ENERGY INFORMATION ADMINISTRATION ENERGY POLICY ENVIRONMENTAL ECONOMICS ENVIRONMENTAL IMPACT ENVIRONMENTAL LAW ETHANOL FEEDSTOCK FINANCIAL SUPPORT FOREIGN EXCHANGE FOREST FOREST SECTOR FORESTS FOSSIL FOSSIL FUEL FOSSIL FUELS FRAMEWORK CONVENTION ON CLIMATE CHANGE FUEL CONSUMPTION GAS PRODUCTION GASOLINE GASOLINE CONSUMPTION GENERAL EQUILIBRIUM MODEL GHG GLOBAL CLIMATE CHANGE GLOBAL WARMING GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS CONTROL GREENHOUSE GAS EMISSIONS GREENHOUSE GAS MITIGATION GROSS DOMESTIC PRODUCT HYDRO POWER HYDRO POWER PLANTS HYDROPOWER IMPACTS OF CLIMATE CHANGE INCOME LABOR PRODUCTIVITY LAND-USE CHANGE LEVEL OF EMISSIONS LOW-CARBON METALS NATIONAL EMISSIONS NATURAL GAS NATURAL GAS PRODUCTION NEGATIVE IMPACT NEGATIVE IMPACTS NUCLEAR ELECTRICITY OIL PRICE OIL PRICES OIL RESERVES PETROLEUM POLICY ANALYSIS POLICY IMPLICATIONS POLICY SCENARIOS POLLUTION POWER GENERATION POWER PLANT POWER PLANTS PRICE INDEX RELATIVE PRICES REVENUE RECYCLING SECTORAL RESULTS SUBSTITUTION SUGAR CANE SUGARCANE SUSTAINABLE DEVELOPMENT TAX RATE TAX REVENUE THERMAL POWER THERMAL POWER PLANTS TRADE SYSTEM TRANSPORT SECTOR UTILITY FUNCTION WIND WIND GENERATION WIND POWER WIND POWER GENERATION WIND POWER PLANTS WORLD CRUDE Chen, Y.-H. Henry Timilsina, Govinda R. Economic Implications of Reducing Carbon Emissions from Energy Use and Industrial Processes in Brazil |
| geographic_facet |
Latin America & Caribbean Brazil |
| relation |
Policy Research Working Paper; No. 6135 |
| description |
The overall impacts on the Brazilian
economy of reducing CO2 emissions from energy use and
industrial processes can be assessed using a recursive
dynamic general equilibrium model and a hypothetical carbon
tax. The study projects that in 2040 under a
business-as-usual scenario, CO2 emissions from energy use
and industrial processes would be almost three times as high
as in 2010 and would account for more than half of total
national CO2 emissions. Current policy aims to reduce
deforestation by 70 percent by 2017 and emissions intensity
of the overall economy by 36-39 percent by 2020. If policy
is implemented as planned and continued to 2040, CO2
emissions from energy use and industrial processes would not
have to be cut until 2035 as reductions of emissions through
controlling deforestation would be enough to meet emission
targets. The study also finds evidence that supports the
double dividend hypothesis: using revenue from a
hypothetical carbon tax to finance a cut in labor income tax
significantly lowers the gross domestic product impacts of
the carbon tax. Using carbon tax revenue to subsidize wind
power can effectively increase the output of wind power in
the country, although the impact of the tax on gross
domestic product would be somewhat increased. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Chen, Y.-H. Henry Timilsina, Govinda R. |
| author_facet |
Chen, Y.-H. Henry Timilsina, Govinda R. |
| author_sort |
Chen, Y.-H. Henry |
| title |
Economic Implications of Reducing Carbon Emissions from Energy Use and Industrial Processes in Brazil |
| title_short |
Economic Implications of Reducing Carbon Emissions from Energy Use and Industrial Processes in Brazil |
| title_full |
Economic Implications of Reducing Carbon Emissions from Energy Use and Industrial Processes in Brazil |
| title_fullStr |
Economic Implications of Reducing Carbon Emissions from Energy Use and Industrial Processes in Brazil |
| title_full_unstemmed |
Economic Implications of Reducing Carbon Emissions from Energy Use and Industrial Processes in Brazil |
| title_sort |
economic implications of reducing carbon emissions from energy use and industrial processes in brazil |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2012/07/16507192/economic-implications-reducing-carbon-emissions-energy-use-industrial-processes-brazil-economic-implications-reducing-carbon-emissions-energy-use-industrial-processes-brazil http://hdl.handle.net/10986/11943 |
| _version_ |
1764418594163130368 |
| spelling |
okr-10986-119432021-04-23T14:02:58Z Economic Implications of Reducing Carbon Emissions from Energy Use and Industrial Processes in Brazil Chen, Y.-H. Henry Timilsina, Govinda R. ALLOCATION ALLOWANCES ANNUAL ENERGY OUTLOOK APPROACH BALANCE BIOMASS BIOMASS GENERATION BURNING FOSSIL FUELS CALCULATION CANE INDUSTRY CARBON CARBON CONSTRAINTS CARBON CONTENT CARBON EMISSIONS CARBON INTENSITY CARBON MITIGATION CARBON NEUTRAL CARBON PRICE CARBON PRICES CARBON SOURCE CARBON TAX CARBON TAXES CHEMICAL INDUSTRY CLEAN ENERGY CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CLIMATE CHANGE MITIGATION POLICIES CLIMATE POLICY CO2 COAL COAL GAS COAL MINING COMBUSTION COMBUSTION EMISSIONS COMPUTABLE GENERAL EQUILIBRIUM MODEL COST-BENEFIT COST-BENEFIT ANALYSIS CRUDE OIL CRUDE OIL PRICE DEFORESTATION DIESEL DISTRIBUTIONAL IMPLICATIONS DOUBLE DIVIDEND DYNAMIC COMPUTABLE GENERAL EQUILIBRIUM ECONOMIC ANALYSIS ECONOMIC GROWTH ECONOMIC IMPACT ECONOMIC IMPACTS ELASTICITY OF SUBSTITUTION ELECTRICITY ELECTRICITY GENERATION ELECTRICITY GENERATION TECHNOLOGIES ELECTRICITY SECTOR ELECTRICITY SUPPLY EMISSION EMISSION COEFFICIENTS EMISSION CUTS EMISSION REDUCTION EMISSION TARGETS EMISSIONS DATA EMISSIONS FACTORS EMISSIONS FROM DEFORESTATION EMISSIONS FROM ENERGY EMISSIONS FROM ENERGY USE EMISSIONS INTENSITIES EMISSIONS INTENSITY EMISSIONS PREDICTION EMISSIONS REDUCTION EMISSIONS REDUCTIONS ENERGY CONSUMPTION ENERGY DEMAND ENERGY ECONOMICS ENERGY INFORMATION ADMINISTRATION ENERGY POLICY ENVIRONMENTAL ECONOMICS ENVIRONMENTAL IMPACT ENVIRONMENTAL LAW ETHANOL FEEDSTOCK FINANCIAL SUPPORT FOREIGN EXCHANGE FOREST FOREST SECTOR FORESTS FOSSIL FOSSIL FUEL FOSSIL FUELS FRAMEWORK CONVENTION ON CLIMATE CHANGE FUEL CONSUMPTION GAS PRODUCTION GASOLINE GASOLINE CONSUMPTION GENERAL EQUILIBRIUM MODEL GHG GLOBAL CLIMATE CHANGE GLOBAL WARMING GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS CONTROL GREENHOUSE GAS EMISSIONS GREENHOUSE GAS MITIGATION GROSS DOMESTIC PRODUCT HYDRO POWER HYDRO POWER PLANTS HYDROPOWER IMPACTS OF CLIMATE CHANGE INCOME LABOR PRODUCTIVITY LAND-USE CHANGE LEVEL OF EMISSIONS LOW-CARBON METALS NATIONAL EMISSIONS NATURAL GAS NATURAL GAS PRODUCTION NEGATIVE IMPACT NEGATIVE IMPACTS NUCLEAR ELECTRICITY OIL PRICE OIL PRICES OIL RESERVES PETROLEUM POLICY ANALYSIS POLICY IMPLICATIONS POLICY SCENARIOS POLLUTION POWER GENERATION POWER PLANT POWER PLANTS PRICE INDEX RELATIVE PRICES REVENUE RECYCLING SECTORAL RESULTS SUBSTITUTION SUGAR CANE SUGARCANE SUSTAINABLE DEVELOPMENT TAX RATE TAX REVENUE THERMAL POWER THERMAL POWER PLANTS TRADE SYSTEM TRANSPORT SECTOR UTILITY FUNCTION WIND WIND GENERATION WIND POWER WIND POWER GENERATION WIND POWER PLANTS WORLD CRUDE The overall impacts on the Brazilian economy of reducing CO2 emissions from energy use and industrial processes can be assessed using a recursive dynamic general equilibrium model and a hypothetical carbon tax. The study projects that in 2040 under a business-as-usual scenario, CO2 emissions from energy use and industrial processes would be almost three times as high as in 2010 and would account for more than half of total national CO2 emissions. Current policy aims to reduce deforestation by 70 percent by 2017 and emissions intensity of the overall economy by 36-39 percent by 2020. If policy is implemented as planned and continued to 2040, CO2 emissions from energy use and industrial processes would not have to be cut until 2035 as reductions of emissions through controlling deforestation would be enough to meet emission targets. The study also finds evidence that supports the double dividend hypothesis: using revenue from a hypothetical carbon tax to finance a cut in labor income tax significantly lowers the gross domestic product impacts of the carbon tax. Using carbon tax revenue to subsidize wind power can effectively increase the output of wind power in the country, although the impact of the tax on gross domestic product would be somewhat increased. 2012-12-07T22:58:58Z 2012-12-07T22:58:58Z 2012-07 http://documents.worldbank.org/curated/en/2012/07/16507192/economic-implications-reducing-carbon-emissions-energy-use-industrial-processes-brazil-economic-implications-reducing-carbon-emissions-energy-use-industrial-processes-brazil http://hdl.handle.net/10986/11943 English en_US Policy Research Working Paper; No. 6135 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean Brazil |