11/12/2002
The sky's the limit: Efficient and fair policies on global warming
A half-day Conference at the Hilton Dublin Hotel, Charlemont Place, Dublin 2 on Wednesday, 11 December 2002, 9.00 a.m. to 1.00 p.m..
As announced in the recent Budget, as part of the government’s plan to tackle global warming, a carbon tax will be introduced from the end of 2004. This conference looks at the economic implications of the tax and at how best Ireland can meet its obligations under the Kyoto protocol to reduce its emissions of greenhouse gases.
The following four papers will be presented at the Conference:
- "The Macro-economic Effects of Using Taxes or Emissions Trading Permits to Reduce Greenhouse Gas Emissions", by Adele Bergin, John Fitz Gerald and Ide Kearney (ESRI). This paper will consider the macroeconomic effects of taxes or permits, including the offsetting effects of recycling the revenue through reducing taxes on labour or VAT.
- The second paper, "Carbon taxes: which households gain or lose?" by Sue Scott and John Eakins (ESRI), will discuss the income distribution implications of carbon taxes and how the negative effects on low income groups can be offset by transfer payments.
- A third paper, "Projecting Net Greenhouse Gas Emissions from Irish Agriculture and Forestry", by Jasmina Behan and Kieran McQuinn (TEAGASC), will consider the costs of achieving reductions in emissions in agriculture.
- A final paper "Implications for Policy (Efficient and Fair Policies to Tackle Global Warming)", by John Fitzgerald (ESRI), will draw conclusions on the most effective strategy for Ireland to follow to ensure compliance with its obligations under the Kyoto protocol.
The work described in the first two papers is funded jointly by the Environmental Protection Agency, the ESRI Energy Policy Research Centre, and Sustainable Energy Ireland.
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