TY - BOOK ID - 84540962 TI - Carbon Taxes : Their Macroeconomic Effects and Prospects for Global Adoption: A Survey of the Literature AU - Gandhi, Ved. AU - Cuervo, Javier. PY - 1998 SN - 1462314678 1452721009 1281214361 1451895887 9786613777645 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Public Finance KW - Taxation KW - Environmental Economics KW - Environmental Conservation and Protection KW - Fiscal Policy KW - International Policy Coordination and Transmission KW - Taxation, Subsidies, and Revenue: General KW - Taxation and Subsidies: Externalities KW - Redistributive Effects KW - Environmental Taxes and Subsidies KW - Renewable Resources and Conservation: Government Policy KW - Energy and the Macroeconomy KW - Climate KW - Natural Disasters and Their Management KW - Global Warming KW - Environmental Economics: General KW - Public finance & taxation KW - Climate change KW - Environmental economics KW - Carbon tax KW - Greenhouse gas emissions KW - Revenue administration KW - Environment KW - Taxes KW - Environmental impact charges KW - Climatic changes KW - Greenhouse gases KW - Revenue KW - Environmental sciences KW - United States UR - https://www.unicat.be/uniCat?func=search&query=sysid:84540962 AB - The carbon tax is a major instrument for curbing greenhouse gas emissions that cause global warming. Yet its adoption has been limited because of concerns over its effects on economic growth, income distribution, and international competitiveness. The paper shows that policymakers can minimize the effects of the tax on economic growth through an efficient recycling of tax revenues and on equity through the adoption of appropriate mitigating or compensating measures. To eliminate the worry about the loss of competitiveness, the paper suggests an international agreement on a coordinated adoption of the tax. ER -