Table 1 Effective and equilibrium carbon... | Emerald Publishing

Table 1

Effective and equilibrium carbon taxes under cooperative and noncooperative policy regimes.

	Effective taxes	FC	PB	BI	BIE	BF
Market 1	$t_{11}$	$t$	$t_{1}$	$t_{1}$	$t_{1}$	$t_{1}$
	$t_{21}$	$t_{21}$	$t_{2}$	$t_{1}$	$t_{1}$	$t_{1}$
Market 2 Equilibrium taxes	$t_{12}$	$t$	$t_{1}$	$t_{1}$	$t_{1} (1 - φ^{*})$	BF
	$t_{22}$	$t$	$t_{2}$	$t_{2}$	$t_{2}$	$t_{2}$
	$\forall i = 1, 2$	$t = t^{F C *}$	$t_{i} = t_{i}^{P B *}$	$t_{i} = t_{i}^{B I *}$	$t_{i} = t_{i}^{B I E *}$	$t_{i} = t_{i}^{B F *}$

The cooperative regime is contrasted with four non-cooperative regimes.