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Cutting CO2 Emissions: The Effects of Alternative Policy Approaches

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  • John Whalley
  • Randall Wigle

Abstract

This paper starts from the premise that attempts to curtail global emissions of greenhouse gases are likely to be made in the next few decades. We discuss some of the possible international effects which could result from attempts to achieve such a cutback, and illustrate a methodology which we hope to extend, in subsequent work, to further evaluating the consequences of responding to the problem of global warming. We identify possible magnitudes of effects of cutting global C02 emissions, and illustrate ways in which intercountry terms-of-trade effects and changes in trade patterns may occur.

Suggested Citation

  • John Whalley & Randall Wigle, 1991. "Cutting CO2 Emissions: The Effects of Alternative Policy Approaches," The Energy Journal, , vol. 12(1), pages 109-124, January.
    • Handle: RePEc:sae:enejou:v:12:y:1991:i:1:p:109-124
    DOI: 10.5547/ISSN0195-6574-EJ-Vol12-No1-7
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    References listed on IDEAS

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    1. Shoven, John B & Whalley, John, 1984. "Applied General-Equilibrium Models of Taxation and International Trade: An Introduction and Survey," Journal of Economic Literature, American Economic Association, vol. 22(3), pages 1007-1051, September.
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    Cited by:

    1. Praveen Kumar, 2024. "Does carbon pricing matter? An exploratory study based on international data," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 23(6), pages 517-526, December.
    2. Keying Feng & Zeyu Yang & Yu Zhuo & Lili Jiao & Bowen Wang & Zhi Liu, 2024. "Impact of Carbon Tax on Renewable Energy Development and Environmental–Economic Synergies," Energies, MDPI, vol. 17(21), pages 1-17, October.

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    Keywords

    CO2 emission reduction; CGE model; Taxes; Emissions ceilings;
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