Araştırma Makalesi

COMPARATIVE EVALUATION OF EMISSIONS TRADING SYSTEMS AND CARBON TAXES: IMPLEMENTATIONS IN CLIMATE CHANGE MITIGATION THROUGH CARBON PRICING

Sayı: Sustainability and Green Economics Special Issue 13 Haziran 2024
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COMPARATIVE EVALUATION OF EMISSIONS TRADING SYSTEMS AND CARBON TAXES: IMPLEMENTATIONS IN CLIMATE CHANGE MITIGATION THROUGH CARBON PRICING

Öz

Climate change, driven by human activities, results in global warming, sea level rise, extreme weather, biodiversity loss, and ecosystem damage. To combat these issues, carbon pricing is being utilized. This policy strategy assigns costs to greenhouse gas (GHG) emissions, considering their negative impact on society and the environment, thus encouraging reduction of emissions. Two main methods of implementing carbon pricing are emissions trading systems (ETS), where the carbon price is market-determined, and carbon tax, where the carbon price is pre-established. This study compares carbon taxes and ETSs as regulatory measures for mitigating climate change. Focusing on aspects of policy design and implementation— efficiency, political durability, policy consistency, flexibility and adaptability, predictability, and environmental certainty—the main argument of the study hinges on the distinct nature of price formation in these mechanisms - carbon taxes define prices directly, whereas ETSs rely on market dynamics for price determination. This fundamental divergence significantly shapes the operational dynamics of climate mitigation policies. The study highlights the unique strengths and limitations inherent in ETSs and carbon taxes, underscoring the necessity of viewing these mechanisms not as alternatives but as synergistic strategies for a policy design in combating climate change.

Anahtar Kelimeler

Kaynakça

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  4. Andersson, J. J. (2019). Carbon Taxes and CO2 Emissions: Sweden as a Case Study. American Economic Journal: Economic Policy, 11(4), 1–30. https://doi.org/10.1257/pol.20170144
  5. Bumpus, A. G. (2015). Firm responses to a carbon price: Corporate decision making under British Columbia’s carbon tax. Climate Policy, 15(4), 475–493. https://doi.org/10.1080/14693062.2014.937389
  6. Calel, R., & Dechezleprêtre, A. (2016). Environmental Policy and Directed Technological Change: Evidence From the European Carbon Market. The Review of Economics and Statistics, 98(1), 173–191. https://doi.org/10.1162/rest_a_00470
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Ayrıntılar

Birincil Dil

İngilizce

Konular

Siyaset Biliminde Çevre Politikası

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

13 Haziran 2024

Gönderilme Tarihi

2 Ocak 2024

Kabul Tarihi

30 Nisan 2024

Yayımlandığı Sayı

Yıl 2024 Sayı: Sustainability and Green Economics Special Issue

Kaynak Göster

APA
Öztürk, S. (2024). COMPARATIVE EVALUATION OF EMISSIONS TRADING SYSTEMS AND CARBON TAXES: IMPLEMENTATIONS IN CLIMATE CHANGE MITIGATION THROUGH CARBON PRICING. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi, Sustainability and Green Economics Special Issue, 18-35. https://doi.org/10.14780/muiibd.1413634
AMA
1.Öztürk S. COMPARATIVE EVALUATION OF EMISSIONS TRADING SYSTEMS AND CARBON TAXES: IMPLEMENTATIONS IN CLIMATE CHANGE MITIGATION THROUGH CARBON PRICING. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2024;(Sustainability and Green Economics Special Issue):18-35. doi:10.14780/muiibd.1413634
Chicago
Öztürk, Sefa. 2024. “COMPARATIVE EVALUATION OF EMISSIONS TRADING SYSTEMS AND CARBON TAXES: IMPLEMENTATIONS IN CLIMATE CHANGE MITIGATION THROUGH CARBON PRICING”. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi, sy Sustainability and Green Economics Special Issue: 18-35. https://doi.org/10.14780/muiibd.1413634.
EndNote
Öztürk S (01 Haziran 2024) COMPARATIVE EVALUATION OF EMISSIONS TRADING SYSTEMS AND CARBON TAXES: IMPLEMENTATIONS IN CLIMATE CHANGE MITIGATION THROUGH CARBON PRICING. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi Sustainability and Green Economics Special Issue 18–35.
IEEE
[1]S. Öztürk, “COMPARATIVE EVALUATION OF EMISSIONS TRADING SYSTEMS AND CARBON TAXES: IMPLEMENTATIONS IN CLIMATE CHANGE MITIGATION THROUGH CARBON PRICING”, Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi, sy Sustainability and Green Economics Special Issue, ss. 18–35, Haz. 2024, doi: 10.14780/muiibd.1413634.
ISNAD
Öztürk, Sefa. “COMPARATIVE EVALUATION OF EMISSIONS TRADING SYSTEMS AND CARBON TAXES: IMPLEMENTATIONS IN CLIMATE CHANGE MITIGATION THROUGH CARBON PRICING”. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi. Sustainability and Green Economics Special Issue (01 Haziran 2024): 18-35. https://doi.org/10.14780/muiibd.1413634.
JAMA
1.Öztürk S. COMPARATIVE EVALUATION OF EMISSIONS TRADING SYSTEMS AND CARBON TAXES: IMPLEMENTATIONS IN CLIMATE CHANGE MITIGATION THROUGH CARBON PRICING. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2024;:18–35.
MLA
Öztürk, Sefa. “COMPARATIVE EVALUATION OF EMISSIONS TRADING SYSTEMS AND CARBON TAXES: IMPLEMENTATIONS IN CLIMATE CHANGE MITIGATION THROUGH CARBON PRICING”. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi, sy Sustainability and Green Economics Special Issue, Haziran 2024, ss. 18-35, doi:10.14780/muiibd.1413634.
Vancouver
1.Sefa Öztürk. COMPARATIVE EVALUATION OF EMISSIONS TRADING SYSTEMS AND CARBON TAXES: IMPLEMENTATIONS IN CLIMATE CHANGE MITIGATION THROUGH CARBON PRICING. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi. 01 Haziran 2024;(Sustainability and Green Economics Special Issue):18-35. doi:10.14780/muiibd.1413634

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