Title: Are carbon taxes the best tool to implement the Kyoto commitments? A comment on Stephen Smith's paper

Authors: G. Campbell Watkins

Addresses: 2000 Powell St, Suite 600, Emeryville, California 94608, U.S.A.

Abstract: These comments cover key aspects of Smith|s paper. They focus on problems of awarding a central role to carbon taxes, and extend the discussion to harnessing the power of property rights via tradable permits.

Keywords: tax harmony; tax competition; allocative efficiency; location decisions; capital mobility; ecological dumping; price elasticity; efficiency; tradable permits.

DOI: 10.1504/IJGEI.1999.000858

International Journal of Global Energy Issues, 1999 Vol.12 No.7/8, pp.355-362

Published online: 24 Jul 2003 *

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