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What is Cap-and-trade

Taking on Climate Change Through Green Taxation
It’s a system designed to reduce pollution in our atmosphere. The cap on greenhouse gas emissions that drive global warming is a firm limit on pollution. The cap gets stricter over time. The trade part is a market for companies to buy and sell allowances that let them emit only a certain amount, as supply and demand set the price. Trading gives companies a strong incentive to save money by cutting emissions in the most cost-effective ways (Environmental Defense Found).
Published in Chapter:
Carbon Tax: Characterization of Research
Paulo Jorge Dias (Instituto Universitário de Lisboa (ISCTE-IUL), Portugal) and Andreia Rocha (Instituto Universitário de Lisboa (ISCTE-IUL), Portugal)
Copyright: © 2023 |Pages: 31
DOI: 10.4018/978-1-6684-8592-7.ch002
Abstract
One of the main climatic concerns is the increase of CO2 concentrations in the atmosphere. In the attempt and need to combat this problem, several regulatory policies have been applied in several countries by the governments, with the carbon tax being one of the most economical and effective policies in reducing CO2 emissions, thus leading to an increase in scientific research on this topic. Therefore, the main objective of this study is characterizing the existing research on the theme Carbon Tax. A sample of 121 scientific articles was collected, where several characteristics related to the content of published articles and respective authors were subsequently identified. The results obtained reveal that the number of publications has been increasing, and the themes most related to this investigation are: cap-and-trade, carbon dioxide emissions, climate change, computable general equilibrium (cge) model and emissions. Regarding the profile of researchers, the type of collective authorship is the most common and the country with the most affiliated authors is China.
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