Carbon Tax under the Clean Development Mechanism: A Unique Approach for Reducing Greenhouse Gas Emissions in Developing Countries

This study examines the economic and environmental implications of a unique Clean Development Mechanism (CDM) scheme in which a non-Annex B country (Thailand) introduces a carbon tax and exports the resulting emission mitigation as certified emission reductions (CERs). A general equilibrium model fo...

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Main Author: Timilsina, Govinda R.
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4980
id okr-10986-4980
recordtype oai_dc
spelling okr-10986-49802021-04-23T14:02:20Z Carbon Tax under the Clean Development Mechanism: A Unique Approach for Reducing Greenhouse Gas Emissions in Developing Countries Timilsina, Govinda R. Country and Industry Studies of Trade F140 Taxation and Subsidies: Externalities Redistributive Effects Environmental Taxes and Subsidies H230 Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 International Linkages to Development Role of International Organizations O190 Climate Natural Disasters Global Warming Q540 Environmental Economics: Government Policy Q580 This study examines the economic and environmental implications of a unique Clean Development Mechanism (CDM) scheme in which a non-Annex B country (Thailand) introduces a carbon tax and exports the resulting emission mitigation as certified emission reductions (CERs). A general equilibrium model for Thailand has been developed for analysing this carbon tax-cum-CDM (CT-CDM) policy. The study finds that, unlike a carbon tax policy, the CT-CDM policy could increase economic welfare in Thailand, depending on CER price and schemes of recycling carbon tax- and CER-revenue to the economy. The CT-CDM policy is found to increase economic welfare at a very low CER price (US$55/tCO2). 2012-03-30T07:30:41Z 2012-03-30T07:30:41Z 2009 Journal Article Climate Policy 14693062 http://hdl.handle.net/10986/4980 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Thailand
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Country and Industry Studies of Trade F140
Taxation and Subsidies: Externalities
Redistributive Effects
Environmental Taxes and Subsidies H230
Economic Development: Agriculture
Natural Resources
Energy
Environment
Other Primary Products O130
International Linkages to Development
Role of International Organizations O190
Climate
Natural Disasters
Global Warming Q540
Environmental Economics: Government Policy Q580
spellingShingle Country and Industry Studies of Trade F140
Taxation and Subsidies: Externalities
Redistributive Effects
Environmental Taxes and Subsidies H230
Economic Development: Agriculture
Natural Resources
Energy
Environment
Other Primary Products O130
International Linkages to Development
Role of International Organizations O190
Climate
Natural Disasters
Global Warming Q540
Environmental Economics: Government Policy Q580
Timilsina, Govinda R.
Carbon Tax under the Clean Development Mechanism: A Unique Approach for Reducing Greenhouse Gas Emissions in Developing Countries
geographic_facet Thailand
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description This study examines the economic and environmental implications of a unique Clean Development Mechanism (CDM) scheme in which a non-Annex B country (Thailand) introduces a carbon tax and exports the resulting emission mitigation as certified emission reductions (CERs). A general equilibrium model for Thailand has been developed for analysing this carbon tax-cum-CDM (CT-CDM) policy. The study finds that, unlike a carbon tax policy, the CT-CDM policy could increase economic welfare in Thailand, depending on CER price and schemes of recycling carbon tax- and CER-revenue to the economy. The CT-CDM policy is found to increase economic welfare at a very low CER price (US$55/tCO2).
format Journal Article
author Timilsina, Govinda R.
author_facet Timilsina, Govinda R.
author_sort Timilsina, Govinda R.
title Carbon Tax under the Clean Development Mechanism: A Unique Approach for Reducing Greenhouse Gas Emissions in Developing Countries
title_short Carbon Tax under the Clean Development Mechanism: A Unique Approach for Reducing Greenhouse Gas Emissions in Developing Countries
title_full Carbon Tax under the Clean Development Mechanism: A Unique Approach for Reducing Greenhouse Gas Emissions in Developing Countries
title_fullStr Carbon Tax under the Clean Development Mechanism: A Unique Approach for Reducing Greenhouse Gas Emissions in Developing Countries
title_full_unstemmed Carbon Tax under the Clean Development Mechanism: A Unique Approach for Reducing Greenhouse Gas Emissions in Developing Countries
title_sort carbon tax under the clean development mechanism: a unique approach for reducing greenhouse gas emissions in developing countries
publishDate 2012
url http://hdl.handle.net/10986/4980
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