This study investigates the emission reduction effects of a mix of market-based climate policies in Australia, where a dramatic ramp-up of incentives for renewable electricity generation was paired with a short-lived carbon tax. A synthetic control method is employed to estimate the joint effect of the policies. Contrary to the general perception in the existing literature, this study shows that the green electricity and carbon tax policies together...
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DETAILS
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2024/06/24
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Policy Research Working Paper
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WPS10812
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1
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2024/06/24
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Disclosed
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The Effect of Pricing Instruments on CO2 Emissions: Empirical Evidence from Australia
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Citation
Kraynak,Daniel; Govinda R. Timilsina; Alberini,Anna.
The Effect of Pricing Instruments on CO2 Emissions: Empirical Evidence from Australia (English). Policy Research working paper ; no. WPS 10812; PLANET Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099216506242410116