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The European Carbon Tax: An Economic Assessment

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CARLO CARRARO AND DOMENICO SINISCALCO University ofUdine, Greta and Fondazione Mattei; University of Turin and Fondazione Mattei 1. THE GLOBAL WARMING DEBATE The 1980s have seen an unprecedented growth in awareness ofthe problem of (man-induced) climate change. Scientific studies to assess the extent to which emissions resulting from human activities are increasing the atmos pheric concentration ofgreenhouse gases (GHGs: carbon dioxide, methane, man-made chloro-fluorocarbons, nitrous oxide), thus contributing to raise the global mean temperature, have been carried out since the beginning of th...