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ENVIRONMENTAL AND ECONOMIC IMPACT ANALYSIS OF REDUCING GREENHOUSE GAS EMISSIONS VIA ENERGY SUBSTITUTION AND CARBON TAX

Year 2022, Volume 6, Issue 1, 46 - 60, 30.03.2022

Abstract

Accordingly, with the decisions taken under Paris Conference-2015, Turkey has committed to constraint greenhouse gas emissions. An environmentally efficient way to do this is controlling industrial processes and fossil fuel use. Turkey has also determined her energy use targets as documented in Energy Strategy Document in which partial substitution of natural gas used in electricity production with some other energy sources is suggested as an alternative instrument in reducing greenhouse gas emissions. This study aims at developing a policy package to reduce total greenhouse gas emissions and to carry out the environmental and economic impact analysis of the policy package. Findings suggest that energy substitution will not be enough to achieve the targets proposed under Paris Conference commitments. Carbon taxing should be applied besides energy substitution, but rather on all industries it should be applied on selected polluter industries. In this way, while environmental targets are reached contraction in the economy will be less.

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Details

Primary Language English
Subjects Economics
Journal Section Makaleler
Authors

Reyhan ÖZEŞ ÖZGÜR This is me
ISTANBUL GELISIM UNIVERSITY
0000-0002-0842-0590
Türkiye


Selim ÇAĞATAY This is me
AKDENIZ UNIVERSITY
0000-0002-5471-3474
Türkiye

Early Pub Date March 25, 2022
Publication Date March 30, 2022
Published in Issue Year 2022, Volume 6, Issue 1

Cite

APA Özeş Özgür, R. & Çağatay, S. (2022). ENVIRONMENTAL AND ECONOMIC IMPACT ANALYSIS OF REDUCING GREENHOUSE GAS EMISSIONS VIA ENERGY SUBSTITUTION AND CARBON TAX . Journal of Research in Economics , 6 (1) , 46-60 . Retrieved from https://dergipark.org.tr/en/pub/jore/issue/69075/1093386

Please submit your manuscript to jore@marmara.edu.tr