Skip navigation
Skip navigation

Subsidizing Household Capital: How Does Energy Efficiency Policy Compare to a Carbon Tax?

McKibbin, Warwick; Morris, Adele; Wilcoxen, Peter

Description

This study uses a general equilibrium model to compare environmental and economic outcomes of two policies: (1) a tax credit of 10 percent of the price of household capital that is 20 percent more energy efficient than its unsubsidized counterpart, assuming half of new household investment qualifies for the credit; and (2) a tax starting at 30 (2007) per metric ton of CO2 rising five percent annually. By 2040, the carbon tax and tax credit reduce emissions by about 60 1.5 percent, respectively....[Show more]

CollectionsANU Research Publications
Date published: 2011
Type: Journal article
URI: http://hdl.handle.net/1885/36628
Source: The Energy Journal
DOI: 10.5547/ISSN0195-6574-EJ-Vol32-SI1-7

Download

File Description SizeFormat Image
01_McKibbin_Subsidizing_Household_Capital:_2011.pdf492.53 kBAdobe PDF    Request a copy
02_McKibbin_Subsidizing_Household_Capital:_2011.pdf40.43 kBAdobe PDF    Request a copy


Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  23 August 2018/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator