When Carbon Taxes Work
When Carbon Taxes Work
Carbon pricing is a political challenge but not an impossibility. This chapter examines cases where initial carbon tax adoption was followed by an enduring period of political support, successful implementation, and achievement of key policy goals. This includes a series of carbon taxes adopted in four Nordic countries in the 1990s and also more recent cases from British Columbia and Ireland. The British Columbia case is particularly noteworthy as it represents an effort by a center-right government to establish a relatively steep tax and reallocate all revenue to the public through a series of tax reductions.
Keywords: carbon, tax, policy, political, politics, fuel, gas, Nordic, Ireland, British Columbia
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