Carbon Pricing, Growth and the Environment

Edited by Larry Kreiser, Professor Emeritus of Accounting, Cleveland State University, US, Ana Yábar Sterling, Professor of Applied Economics, Complutense University of Madrid, Spain, Pedro Herrera, Assistant Professor of Taxation and Financial Law, National Distance University (UNED), Spain, Janet E. Milne, Professor of Law, Vermont Law School and Director of the Environmental Tax Policy Institute, US and Hope Ashiabor, Dr., University of New South Wales Business School, Australia

’The scope, depth and persistence with which this book explores carbon pricing is admirable, reflecting that despite political reluctance it is a topic in all parts of the world.’- Mikael Skou Andersen, Aarhus University, Denmark and European Environment Agency

• Contents:PrefacePART I: CARBON PRICING AND ENVIRONMENTAL FISCAL REFORM1. Environmental Fiscal Reform and Unemployment in SpainAnil Markandya, Mikel González-Eguino and Marta Escapa2. EU Structural and Cohesion Policy and Sustainable DevelopmentBettina Bahn-Walkowiak, Arkaitz Usubiaga and Philipp Schepelmann3. Decentralized Environmental Taxation: A Preliminary AssessmentFiorenza Carraro and Andrea ZattiPART II: LOW CARBON GREEN GROWTH4. Taxation Reform for Promoting Low Carbon Green Growth in ChinaChazhong Ge, Xiaoqiong Li, Jinnan Wang, Yajuan Ren and Minbin Xue5. Ecological Tax Reform in Europe and Central AsiaJacqueline Cottrell and Eike Meyer6. Lower Carbon Energy: The Case of Hydraulic Fracturing for Natural GasHans Sprohge, Rahmat Tavallali, Larry Kreiser and Bill ButcherPART III: CARBON PRICING THROUGH EMISSIONS TRADING7. Emissions Trading to Improve Visibility in Specially Protected Areas in the US: An Alternative to Retrofit Control Requirements in a Sustainable EconomyAgustín F. Carbó Lugo8. Related Party Transactions and Emissions Rights: Accounting and Direct International TaxationJ.I. Gorospe-Oviedo and A.I. Mateos-Ansótegui9. Harmful Subsidies on Fossil Fuels: ETS Windfall Profits and Coal Protection for Electricity in SpainAna Yábar Sterling and Diana C. Perez BustamantePART IV: EMISSIONS TRADING SCHEMES10. GHG Emissions Trading Schemes in Northeast Asia: An Overview and Analysis of Current ScenariosXianbing Liu, Sunhee Suk and Kinichi Sudo11. Towards Sustainable Carbon Markets: Requirements for Effective, Efficient, and Fair Emissions Trading SchemesSven Rudolph, Christine Lenz, Achim Lerch and Barbara Volmert12. Linking Land Sector Activities to Emissions Trading: Australia’s Carbon Farming InitiativeCeleste M. BlackPART V: IMPACTS OF CARBON PRICING13. Determinants of Willingness to Pay for Emissions Reduction: A Comparative Study of Japan and South Korea Tae-Yeoun Lee14. The Effects of Carbon/Energy Taxes on R&D Expenditure in SwedenYasushi Ito15. Carbon-Energy Tax, Emission Permits and Border Tax AdjustmentsAlberto Majocchi PART VI: CARBON LEAKAGE CONCERNS16. Is Carbon Leakage Really Low? A Critical Reconsideration of the Leakage ConceptFlorian Habermacher17. Australia’s Carbon Pricing MechanismElena de Lemos Pinto Aydos Index