Carbon pricing and competitiveness: Are they at odds?
This paper reviews ex-post empirical assessments on the impact of carbon pricing on competitiveness in OECD and G20 countries in the electricity and industrial sectors. Most of these assessments find no statistically significant effects of carbon pricing or energy prices on different dimensions of c...
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Format: | Elektronisch E-Book |
Sprache: | English |
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Paris
OECD Publishing
2019
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Schriftenreihe: | OECD Environment Working Papers
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Online-Zugang: | Volltext |
Zusammenfassung: | This paper reviews ex-post empirical assessments on the impact of carbon pricing on competitiveness in OECD and G20 countries in the electricity and industrial sectors. Most of these assessments find no statistically significant effects of carbon pricing or energy prices on different dimensions of competitiveness, including net imports, foreign direct investments, turnover, value added, employment, profits, productivity, and innovation. When statistically significant results have been found, the magnitude of such effects tends to be small - either positive or negative. Thus, concerns about negative short-term effects of carbon pricing on firms' or sectors' international competitiveness have not come to pass, at least to date. These findings are in part because carbon price levels have been low and because of exemptions to carbon taxes for industry, or generous levels of free allowances to firms covered by emissions trading schemes |
Beschreibung: | 1 Online-Ressource (25 Seiten) |
DOI: | 10.1787/f79a75ab-en |
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spelling | Ellis, Jane Verfasser aut Carbon pricing and competitiveness Are they at odds? Jane Ellis, Daniel Nachtigall and Frank Venmans Paris OECD Publishing 2019 1 Online-Ressource (25 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Environment Working Papers This paper reviews ex-post empirical assessments on the impact of carbon pricing on competitiveness in OECD and G20 countries in the electricity and industrial sectors. Most of these assessments find no statistically significant effects of carbon pricing or energy prices on different dimensions of competitiveness, including net imports, foreign direct investments, turnover, value added, employment, profits, productivity, and innovation. When statistically significant results have been found, the magnitude of such effects tends to be small - either positive or negative. Thus, concerns about negative short-term effects of carbon pricing on firms' or sectors' international competitiveness have not come to pass, at least to date. These findings are in part because carbon price levels have been low and because of exemptions to carbon taxes for industry, or generous levels of free allowances to firms covered by emissions trading schemes Environment Nachtigall, Daniel ctb Venmans, Frank ctb https://doi.org/10.1787/f79a75ab-en Verlag kostenfrei Volltext |
spellingShingle | Ellis, Jane Carbon pricing and competitiveness Are they at odds? Environment |
title | Carbon pricing and competitiveness Are they at odds? |
title_auth | Carbon pricing and competitiveness Are they at odds? |
title_exact_search | Carbon pricing and competitiveness Are they at odds? |
title_exact_search_txtP | Carbon pricing and competitiveness Are they at odds? |
title_full | Carbon pricing and competitiveness Are they at odds? Jane Ellis, Daniel Nachtigall and Frank Venmans |
title_fullStr | Carbon pricing and competitiveness Are they at odds? Jane Ellis, Daniel Nachtigall and Frank Venmans |
title_full_unstemmed | Carbon pricing and competitiveness Are they at odds? Jane Ellis, Daniel Nachtigall and Frank Venmans |
title_short | Carbon pricing and competitiveness |
title_sort | carbon pricing and competitiveness are they at odds |
title_sub | Are they at odds? |
topic | Environment |
topic_facet | Environment |
url | https://doi.org/10.1787/f79a75ab-en |
work_keys_str_mv | AT ellisjane carbonpricingandcompetitivenessaretheyatodds AT nachtigalldaniel carbonpricingandcompetitivenessaretheyatodds AT venmansfrank carbonpricingandcompetitivenessaretheyatodds |