Carbon Tax vs Cap and Trade. The market concentration may have the last word on climate change policy : An evaluation for the energy sector in Colombia
This study reviews two approaches of carbon pricing to address climate change at the policy and economic level. It compares carbon tax with the cap and trade scheme in the energy industry of Colombia. The pros and cons of the two approaches are evaluated through focusing on the particular features o...
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| Formato: | Tesis de maestría (Master Thesis) |
| Lenguaje: | Español (Spanish) |
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Maestría en economía de las políticas públicas
2019
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| Acceso en línea: | http://repository.urosario.edu.co/handle/10336/19158 |
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ir-10336-191582019-09-19T12:37:54Z Carbon Tax vs Cap and Trade. The market concentration may have the last word on climate change policy : An evaluation for the energy sector in Colombia Solanilla Uricoechea, Angela Cristina Mantilla, Cesar Climate change policy Economic instruments Carbon tax Cap and trade scheme Emissions Trading System (ETS) Market concentration Herfindahl-Hirschman index Imperfect competition Economía de la tierra Industria energética Carbono Cambios climáticos This study reviews two approaches of carbon pricing to address climate change at the policy and economic level. It compares carbon tax with the cap and trade scheme in the energy industry of Colombia. The pros and cons of the two approaches are evaluated through focusing on the particular features of the Colombian context. These are: a highly concentrated market, with market power and heterogeneous productivity amongst firms. I conclude that the carbon tax is likely to be more effective and easier to implement at policy level. 2019-02-28 2019-03-04T15:07:46Z info:eu-repo/semantics/masterThesis info:eu-repo/semantics/acceptedVersion http://repository.urosario.edu.co/handle/10336/19158 spa info:eu-repo/semantics/openAccess application/pdf Maestría en economía de las políticas públicas instname:Universidad del Rosario reponame:Repositorio Institucional EdocUR |
| institution |
EdocUR - Universidad del Rosario |
| collection |
DSpace |
| language |
Español (Spanish) |
| topic |
Climate change policy Economic instruments Carbon tax Cap and trade scheme Emissions Trading System (ETS) Market concentration Herfindahl-Hirschman index Imperfect competition Economía de la tierra Industria energética Carbono Cambios climáticos |
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Climate change policy Economic instruments Carbon tax Cap and trade scheme Emissions Trading System (ETS) Market concentration Herfindahl-Hirschman index Imperfect competition Economía de la tierra Industria energética Carbono Cambios climáticos Solanilla Uricoechea, Angela Cristina Carbon Tax vs Cap and Trade. The market concentration may have the last word on climate change policy : An evaluation for the energy sector in Colombia |
| description |
This study reviews two approaches of carbon pricing to address climate change at the policy and economic level. It compares carbon tax with the cap and trade scheme in the energy industry of Colombia. The pros and cons of the two approaches are evaluated through focusing on the particular features of the Colombian context. These are: a highly concentrated market, with market power and heterogeneous productivity amongst firms. I conclude that the carbon tax is likely to be more effective and easier to implement at policy level. |
| author2 |
Mantilla, Cesar |
| author_facet |
Mantilla, Cesar Solanilla Uricoechea, Angela Cristina |
| format |
Tesis de maestría (Master Thesis) |
| author |
Solanilla Uricoechea, Angela Cristina |
| author_sort |
Solanilla Uricoechea, Angela Cristina |
| title |
Carbon Tax vs Cap and Trade. The market concentration may have the last word on climate change policy : An evaluation for the energy sector in Colombia |
| title_short |
Carbon Tax vs Cap and Trade. The market concentration may have the last word on climate change policy : An evaluation for the energy sector in Colombia |
| title_full |
Carbon Tax vs Cap and Trade. The market concentration may have the last word on climate change policy : An evaluation for the energy sector in Colombia |
| title_fullStr |
Carbon Tax vs Cap and Trade. The market concentration may have the last word on climate change policy : An evaluation for the energy sector in Colombia |
| title_full_unstemmed |
Carbon Tax vs Cap and Trade. The market concentration may have the last word on climate change policy : An evaluation for the energy sector in Colombia |
| title_sort |
carbon tax vs cap and trade. the market concentration may have the last word on climate change policy : an evaluation for the energy sector in colombia |
| publisher |
Maestría en economía de las políticas públicas |
| publishDate |
2019 |
| url |
http://repository.urosario.edu.co/handle/10336/19158 |
| _version_ |
1645142404969267200 |
| score |
12,111491 |