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Green tax reforms with promotion of renewable energy sources and carbon capture and sequestration: comparison of different alternatives
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| Veröffentlicht in: | Energy reports 6(2020), 1 vom: Feb., Seite 620-625 |
|---|---|
| Personen und Körperschaften: | , , |
| Titel: | Green tax reforms with promotion of renewable energy sources and carbon capture and sequestration: comparison of different alternatives/ Susana Silva, Isabel Soares, Carlos Pinho |
| Format: | E-Book-Kapitel |
| Sprache: | Englisch |
| veröffentlicht: |
2020
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| Gesamtaufnahme: |
: Energy reports, 6(2020), 1 vom: Feb., Seite 620-625
, volume:6 |
| Schlagwörter: | |
| Quelle: | Verbunddaten SWB Lizenzfreie Online-Ressourcen |
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| 520 | |a The need to decarbonize economic production processes is undeniable and has been considered by most countries worldwide. Renewable Energy Sources (RES) and Carbon Capture and Sequestration (CCS) technologies appear among the most promising routes to the decarbonization process. We propose an equilibrium model where final-goods production uses labor and energy, and energy is generated using non-polluting RES and polluting fossil fuels. The government implements a Green Tax Reform (GTR), where it imposes a tax on emissions and uses revenues to finance subsidies to RES and support to CCS technologies. We test how results change according to the priority given to RES or to CCS support. Our results show that prioritizing RES support achieves better economic results and potentially also better environmental results. Overall, our empirical simulation demonstrates that resource substitution has a stronger benefit than decarbonizing fossil fuels. | ||
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| contents | The need to decarbonize economic production processes is undeniable and has been considered by most countries worldwide. Renewable Energy Sources (RES) and Carbon Capture and Sequestration (CCS) technologies appear among the most promising routes to the decarbonization process. We propose an equilibrium model where final-goods production uses labor and energy, and energy is generated using non-polluting RES and polluting fossil fuels. The government implements a Green Tax Reform (GTR), where it imposes a tax on emissions and uses revenues to finance subsidies to RES and support to CCS technologies. We test how results change according to the priority given to RES or to CCS support. Our results show that prioritizing RES support achieves better economic results and potentially also better environmental results. Overall, our empirical simulation demonstrates that resource substitution has a stronger benefit than decarbonizing fossil fuels. |
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| spelling | Silva, Susana VerfasserIn (DE-588)1133221084 (DE-627)888959885 (DE-576)489188672 aut, Green tax reforms with promotion of renewable energy sources and carbon capture and sequestration: comparison of different alternatives Susana Silva, Isabel Soares, Carlos Pinho, 2020, Text txt rdacontent, Computermedien c rdamedia, Online-Ressource cr rdacarrier, DE-206 Open Access Controlled Vocabulary for Access Rights http://purl.org/coar/access_right/c_abf2, The need to decarbonize economic production processes is undeniable and has been considered by most countries worldwide. Renewable Energy Sources (RES) and Carbon Capture and Sequestration (CCS) technologies appear among the most promising routes to the decarbonization process. We propose an equilibrium model where final-goods production uses labor and energy, and energy is generated using non-polluting RES and polluting fossil fuels. The government implements a Green Tax Reform (GTR), where it imposes a tax on emissions and uses revenues to finance subsidies to RES and support to CCS technologies. We test how results change according to the priority given to RES or to CCS support. Our results show that prioritizing RES support achieves better economic results and potentially also better environmental results. Overall, our empirical simulation demonstrates that resource substitution has a stronger benefit than decarbonizing fossil fuels., DE-206 Namensnennung - Nicht kommerziell - Keine Bearbeitungen 4.0 International CC BY-NC-ND 4.0 cc https://creativecommons.org/licenses/by-nc-nd/4.0/, Aufsatz in Zeitschrift DE-206, Kongressbeitrag DE-206, Soares, Isabel VerfasserIn (DE-588)1027460615 (DE-627)729159655 (DE-576)373235100 aut, Pinho, Carlos VerfasserIn aut, Enthalten in Energy reports Amsterdam [u.a.] : Elsevier, 2015 6(2020), 1 vom: Feb., Seite 620-625 Online-Ressource (DE-627)820689033 (DE-600)2814795-9 (DE-576)427950821 2352-4847 nnns, volume:6 year:2020 number:1 month:02 pages:620-625, https://www.sciencedirect.com/science/article/pii/S2352484719306353/pdfft?md5=dc6505ef3e8a03806746d1dac0dc7297&pid=1-s2.0-S2352484719306353-main.pdf Verlag kostenfrei, https://doi.org/10.1016/j.egyr.2019.09.036 Resolving-System kostenfrei, http://hdl.handle.net/10419/243798 Resolving-System kostenfrei, https://doi.org/10.1016/j.egyr.2019.09.036 LFER, https://www.sciencedirect.com/science/article/pii/S2352484719306353/pdfft?md5=dc6505ef3e8a03806746d1dac0dc7297&pid=1-s2.0-S2352484719306353-main.pdf LFER, LFER 2020-04-07T00:00:00Z |
| spellingShingle | Silva, Susana, Soares, Isabel, Pinho, Carlos, Green tax reforms with promotion of renewable energy sources and carbon capture and sequestration: comparison of different alternatives, The need to decarbonize economic production processes is undeniable and has been considered by most countries worldwide. Renewable Energy Sources (RES) and Carbon Capture and Sequestration (CCS) technologies appear among the most promising routes to the decarbonization process. We propose an equilibrium model where final-goods production uses labor and energy, and energy is generated using non-polluting RES and polluting fossil fuels. The government implements a Green Tax Reform (GTR), where it imposes a tax on emissions and uses revenues to finance subsidies to RES and support to CCS technologies. We test how results change according to the priority given to RES or to CCS support. Our results show that prioritizing RES support achieves better economic results and potentially also better environmental results. Overall, our empirical simulation demonstrates that resource substitution has a stronger benefit than decarbonizing fossil fuels., Aufsatz in Zeitschrift, Kongressbeitrag |
| title | Green tax reforms with promotion of renewable energy sources and carbon capture and sequestration: comparison of different alternatives |
| title_auth | Green tax reforms with promotion of renewable energy sources and carbon capture and sequestration: comparison of different alternatives |
| title_full | Green tax reforms with promotion of renewable energy sources and carbon capture and sequestration: comparison of different alternatives Susana Silva, Isabel Soares, Carlos Pinho |
| title_fullStr | Green tax reforms with promotion of renewable energy sources and carbon capture and sequestration: comparison of different alternatives Susana Silva, Isabel Soares, Carlos Pinho |
| title_full_unstemmed | Green tax reforms with promotion of renewable energy sources and carbon capture and sequestration: comparison of different alternatives Susana Silva, Isabel Soares, Carlos Pinho |
| title_in_hierarchy | Green tax reforms with promotion of renewable energy sources and carbon capture and sequestration: comparison of different alternatives / Susana Silva, Isabel Soares, Carlos Pinho, |
| title_short | Green tax reforms with promotion of renewable energy sources and carbon capture and sequestration: comparison of different alternatives |
| title_sort | green tax reforms with promotion of renewable energy sources and carbon capture and sequestration comparison of different alternatives |
| topic | Aufsatz in Zeitschrift, Kongressbeitrag |
| topic_facet | Aufsatz in Zeitschrift, Kongressbeitrag |
| url | https://www.sciencedirect.com/science/article/pii/S2352484719306353/pdfft?md5=dc6505ef3e8a03806746d1dac0dc7297&pid=1-s2.0-S2352484719306353-main.pdf, https://doi.org/10.1016/j.egyr.2019.09.036, http://hdl.handle.net/10419/243798 |