Full Title: Subsidies, Externalities, and Climate Change: Whether Eliminating Energy Tax Subsidies and Taxing Carbon Is Enough
Author(s): Hannah Bentley
Publisher(s): N/A
Publication Date: December 1, 2014
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Description (excerpt):
In the body of this paper the author reviews federal subsidies and externalities for three energy sources and concludes that the present landscape provides a number of tax and non-tax expenditures, and leaves untaxed a number of important externalities beyond simply carbon. It briefly analyzes the tax subsidies in terms of their efficiency. The paper ultimately concludes that the carbon tax efficiency proposal could unduly favor nuclear power and oil and gas by disregarding other significant externalities those sources cause and by understating the non-tax subsidies those energy sources have received.