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Keywords: carbon tax
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Journal Articles
Setting Carbon Taxes using Declining Discount Rates: Implications for Investment-Based Mitigation
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Strategic Behavior and the Environment (2020) 8 (3): 311–344.
Published: 12 October 2020
... interventions, specifically carbon taxes or abatement credits that are indexed to the social cost of carbon (SCC). Recognizing that private abatement investment decisions are financed via capital markets, we show that when the SCC is calculated using a DDR it is impossible for the policymaker to induce a level...
