Title :
Evaluating the effectiveness of carbon tax and emissions trading for resolving social dilemma on global environment
Author :
Tamura, Hiroyuki ; Kimura, Takashi
Author_Institution :
Kansai Univ., Osaka
Abstract :
In this paper we formulate a dynamic model of a profit maximization problem for evaluating quantitatively how the policy of carbon tax and emissions trading would be effective to achieve the targeted reduction of the Kyoto Protocol. Furthermore, we evaluate the influence of carbon tax and emissions trading on the economy in industry in a long-term view.
Keywords :
air pollution control; environmental economics; government policies; socio-economic effects; taxation; Kyoto Protocol; carbon tax; economy; emissions trading; global environment; profit maximization problem; social dilemma; Carbon dioxide; Carbon tax; Costs; Environmental economics; Gases; Global warming; Government; Industrial economics; Mathematical model; Protocols;
Conference_Titel :
Systems, Man and Cybernetics, 2007. ISIC. IEEE International Conference on
Conference_Location :
Montreal, Que.
Print_ISBN :
978-1-4244-0990-7
Electronic_ISBN :
978-1-4244-0991-4
DOI :
10.1109/ICSMC.2007.4413799
