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Introduction of the carbon tax in Italy: Is there room for a quadruple-dividend effect?

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  • Distefano, Tiziano
  • D’Alessandro, Simone

Abstract

This study seeks to examine the environmental and societal impacts of a carbon tax in Italy, where the policy has yet to be implemented but has been the subject of much debate. We use numerical simulations based on the EUROGREEN macro-system dynamic model (D’Alessandro et al., 2020) to evaluate the potential benefits and drawbacks of this policy from 2010 to 2050.

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  • Distefano, Tiziano & D’Alessandro, Simone, 2023. "Introduction of the carbon tax in Italy: Is there room for a quadruple-dividend effect?," Energy Economics, Elsevier, vol. 120(C).
    • Handle: RePEc:eee:eneeco:v:120:y:2023:i:c:s0140988323000762
    DOI: 10.1016/j.eneco.2023.106578
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    2. Xu, Qi & Liu, Kui, 2024. "Hero or Devil: A comparison of different carbon tax policies for China," Energy, Elsevier, vol. 306(C).
    3. Tol, Richard S.J., 2023. "The fiscal implications of stringent climate policy," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 495-504.
    4. Simone d’alessandro & Tiziano Distefano & Guilherme Spinato Morlin & Davide Villani, 2023. "Policy Responses to Labour-Saving Technologies: Basic Income, Job Guarantee, and Working Time Reduction," JRC Working Papers on Social Classes in the Digital Age 2023-09, Joint Research Centre.

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    More about this item

    Keywords

    Ecological macroeconomics; Input–output; Inequality; Behavioral change; Policy scenario analysis;
    All these keywords.

    JEL classification:

    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • F47 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Forecasting and Simulation: Models and Applications
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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