Fiscal Policy to Mitigate Climate Change: A Guide for Policymakers

Books, September 10, 2012

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Fiscal Policy to Mitigate Climate Change: A Guide for Policymakers

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Bibliographic details

• Authors: Ruud A. de Mooij, Michael Keen, Ian W.H. Parry
• Published: September 10, 2012
• Series: Books
• Pages: 218
• DOI: https://doi.org/10.5089/9781616353933.071

Overview

• Efforts to control atmospheric accumulations of greenhouse gases that threaten to heat up the planet are in their infancy.
• Although the IMF is not an environmental organization, environmental issues matter for its mission when they have major implications for macroeconomic performance and fiscal policy.
• Climate change clearly passes both these tests.

Key findings and analytical focus

• The publication emphasizes the intersection of climate change with macroeconomic performance and fiscal policy.
• Core policy tools signaled by subjects and keywords include:
  • Carbon tax
  • Emissions trading
  • Emissions price and SCC (social cost of carbon) and SCC estimate
  • Climate finance
  • Revenue and stability provisions
• Analytic perspectives explicitly referenced:
  • National accounts
  • Personal income and taxes
  • Technology impacts
  • Sectoral actors such as firms and forest owners

Subjects and keywords

• Subject: Carbon tax, Emissions trading, Environment, Greenhouse gas emissions, National accounts, Personal income, Taxes, Technology
• Keywords: BOOK, Carbon tax, climate finance, emission, emissions price, Emissions trading, firm, forest owner, Global, Greenhouse gas emissions, Personal income, price, revenue, SCC, SCC estimate, stability provisions

International Monetary Fund — Fiscal Policy to Mitigate Climate Change: A Guide for Policymakers (2012). DOI: https://doi.org/10.5089/9781616353933.071