{"title":"A Carbon Levy for International Maritime Fuels","authors":"I. Parry, D. Heine, Kelley Kizzier, T. Smith","doi":"10.1086/717961","DOIUrl":null,"url":null,"abstract":"The International Maritime Organization has pledged to reduce carbon emissions from the shipping industry by at least 50 percent below 2008 levels by midcentury. The next step is to design a strategy for implementing this commitment. A carbon levy for international maritime fuel is a critical component of this strategy because it provides across-the-board incentives for near-term mitigation, the robust price signal that is ultimately needed for deploying zero-emission vessels (ZEVs), and near-term funding for R & D and infrastructure investment for ZEVs. This article discusses the rationale for an international maritime carbon levy, key design and implementation issues, and the environmental impacts of such a levy.","PeriodicalId":47676,"journal":{"name":"Review of Environmental Economics and Policy","volume":null,"pages":null},"PeriodicalIF":7.8000,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"5","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Review of Environmental Economics and Policy","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1086/717961","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 5
Abstract
The International Maritime Organization has pledged to reduce carbon emissions from the shipping industry by at least 50 percent below 2008 levels by midcentury. The next step is to design a strategy for implementing this commitment. A carbon levy for international maritime fuel is a critical component of this strategy because it provides across-the-board incentives for near-term mitigation, the robust price signal that is ultimately needed for deploying zero-emission vessels (ZEVs), and near-term funding for R & D and infrastructure investment for ZEVs. This article discusses the rationale for an international maritime carbon levy, key design and implementation issues, and the environmental impacts of such a levy.
期刊介绍:
The Review of Environmental Economics and Policy fills the gap between traditional academic journals and the general interest press by providing a widely accessible yet scholarly source for the latest thinking on environmental economics and related policy. The Review publishes symposia, articles, and regular features that contribute to one or more of the following goals: •to identify and synthesize lessons learned from recent and ongoing environmental economics research; •to provide economic analysis of environmental policy issues; •to promote the sharing of ideas and perspectives among the various sub-fields of environmental economics;