Jump to ContentJump to Main Navigation
Double DividendEnvironmental Taxes and Fiscal Reform in the United States$
Users without a subscription are not able to see the full content.

Dale W. Jorgenson, Richard J. Goettle, Mun S. Ho, and Peter J. Wilcoxen

Print publication date: 2014

Print ISBN-13: 9780262027090

Published to MIT Press Scholarship Online: September 2014

DOI: 10.7551/mitpress/9780262027090.001.0001

Show Summary Details
Page of

PRINTED FROM MIT PRESS SCHOLARSHIP ONLINE (www.mitpress.universitypressscholarship.com). (c) Copyright The MIT Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in MITSO for personal use.date: 26 May 2022

Designing Energy and Environmental Policies

Designing Energy and Environmental Policies

(p.1) 1 Designing Energy and Environmental Policies
Double Dividend

Dale W. Jorgenson

Richard J. Goettle

Mun S. Ho

Peter J. Wilcoxen

The MIT Press

This book presents a new approach for designing energy and environmental policies for the United States. In the absence of hidden costs of energy the role of government policy would be to maintain competitive and smoothly function markets for energy. Environmental policy requires that users of fossil fuels bear the costs of health and other damages. This can be achieved by levying taxes on emissions that are equal to the incremental damages. By using the revenues from environmental taxes we are able to reduce the rate of taxation on capital income and produce a double dividend, consisting of substantial reductions in pollution and an improvement in economic performance.

Keywords:   Environmental policy, Taxes on emissions, Double dividend, Reductions in pollution, Improvement in performance

MIT Press Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.