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Understanding regressivity: Challenges and opportunities of European carbon pricing

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dc.contributor.authorFeindt, Simon
dc.contributor.authorKornek, Ulrike
dc.contributor.authorLabeaga Azcona, José María
dc.contributor.authorSterner, Thomas
dc.contributor.authorWard, Hauke
dc.date.accessioned2025-01-24T12:39:41Z
dc.date.available2025-01-24T12:39:41Z
dc.date.issued2021
dc.descriptionThe registered version of this article, first published in “Energy Economics, Volume 103, 2021", is available online at the publisher's website: Elsevier, https://doi.org/10.1016/j.eneco.2021.105550 La versión registrada de este artículo, publicado por primera vez en “Energy Economics, Volume 103, 2021", está disponible en línea en el sitio web del editor: Elsevier, https://doi.org/10.1016/j.eneco.2021.105550
dc.description.abstractWe examine how a European carbon price will affect citizens by studying its incidence on households in 23 countries of the EU. At the national level, the distributional impact before revenue recycling is mainly neutral, sometimes progressive. At an aggregate EU level, however, the impact is regressive because some low-income countries would be strongly affected by the carbon price. While national redistribution can yield a progressive EU incidence, we show that European-wide redistribution is more effective for the most affected households. We offer two indicators to offset regressive distributional effects of EU climate policy, such as the recently proposed Green Deal. The first renders the tax burden proportional; the second focuses on compensating the households most severely affected. Including both indicators in European redistribution makes for a better representation of the initial burden of carbon pricing and could increase public acceptability.en
dc.description.provenanceMade available in DSpace on 2025-01-24T12:39:41Z (GMT). No. of bitstreams: 1 Labeaga_JM_understanding_regressivity_JOSE MARIA LABEAGA A.pdf: 4058855 bytes, checksum: 196b4fa59ac56788aed4245aea3c71b9 (MD5) Previous issue date: 2021en
dc.description.versionversión publicada
dc.identifier.citationSimon Feindt, Ulrike Kornek, José M. Labeaga, Thomas Sterner, Hauke Ward, Understanding regressivity: Challenges and opportunities of European carbon pricing, Energy Economics, Volume 103, 2021, 105550, ISSN 0140-9883, https://doi.org/10.1016/j.eneco.2021.105550
dc.identifier.doihttps://doi.org/10.1016/j.eneco.2021.105550
dc.identifier.issn0140-9883 | eISSN 1873-6181
dc.identifier.urihttps://hdl.handle.net/20.500.14468/25497
dc.journal.titleEnergy Economics
dc.journal.volume103
dc.language.isoen
dc.page.initial105550
dc.publisherELSEVIER
dc.relation.centerFacultad de Ciencias Económicas y Empresariales
dc.relation.departmentTeoría Económica y Economía Matemática
dc.rightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/deed.es
dc.subject53 Ciencias Económicas
dc.subject.keywordscarbon pricingen
dc.subject.keywordsdistributional effecten
dc.subject.keywordshousehold dataen
dc.subject.keywordsEuropean Unionen
dc.titleUnderstanding regressivity: Challenges and opportunities of European carbon pricingen
dc.typejournal articleen
dspace.entity.typePublication
relation.isAuthorOfPublication6f5ba33d-cb8e-4e81-a634-25499d28afdb
relation.isAuthorOfPublication.latestForDiscovery6f5ba33d-cb8e-4e81-a634-25499d28afdb
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