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The European Carbon Tax: An Economic Assessment (Paperback, Softcover reprint of the original 1st ed. 1993)
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The European Carbon Tax: An Economic Assessment (Paperback, Softcover reprint of the original 1st ed. 1993)
Series: Economics, Energy and Environment, 1
Expected to ship within 10 - 15 working days
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Total price: R1,494
Discovery Miles: 14 940
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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 the decade. In 1990, a
comprehensive report assessing the nature and the effects of global
wanning was presented by the Inter-Governmental Panel on Climate
Change (IPCC), jointly established by the World Meteorological
Organisa- tion and the United Nations Environmental Programme.
According to the Report, emissions resulting from human activities
are substantially increas- ing the atmospheric concentration of
GHGs. This is true, in particular, for carbon dioxide emissions,
which result mainly from the burning of fossil fuels. The IPCC
estimates that, in the last thirty years, the increase in the at-
mospheric concentration of C02 has been substantially higher than
in the last two centuries and the actual level is the highest among
those registered in 160,000 years. The increasing atmospheric
concentration of GHGs will enhance the greenhouse effect, resulting
on average in an additional wann- ing of the earth's surface. The
main greenhouse gas, water vapour, will in- crease in response to
global wanning, and will further enhance it.
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