Taxing luxury goods and services like plane travel and SUVs would be a fairer and more effective way to slash household carbon emissions than applying a “flat” rate of carbon tax to all purchases, researchers have concluded.
SHansche/iStockphoto/Getty Images
Such taxes are in operation around the world, but usually carbon is taxed at a uniform rate no matter what product it is associated with.Some economists argue this is an unfair and largely ineffective system for tackling household emissions, particularly in higher-income countries. This is because some high-carbon spending, such as heat and fuel, is essential for many households and therefore carbon taxes will do little to change spending habits.
Meanwhile, across the board – and particularly in higher-income countries – inequalities were reduced under the system of luxury taxes. A higher proportion of emissions reductions came from curtailed discretionary spending on transportation and holidays, rather than cutbacks to essentials, such as heat and electricity use. “It does have fairer distributional effects and better results in the short term,” says Oswald.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
The Lotus Eletre Rewrites the Rules for Electric SUVsWIRED Tons of onboard tech. Impressive performance and dynamics. Rapid charging. Potential for autonomous driving. TIRED Not efficient for an EV. Design doesn’t extend to saving weight. Feels far removed from traditional Lotus DNA.
Leer más »
U.S. investigates 346,000 Ford Escape SUVs over door issuesU.S. auto safety investigators on Tuesday said they are opening an investigation into 346,000 Ford Escape sport utility vehicles because a weld in the door assembly may fail, potentially resulting in a door inadvertently opening while driving.
Leer más »
US probes complaints that Ford Escape doors can open while SUVs are being drivenThe agency says in documents posted Tuesday on its website that it has 118 complaints that spot welds in a door assembly bracket can fail.
Leer más »
Doctor accused of ‘purposely’ driving family off cliff asks for mental health treatment instead of prisonThe lawyers for Dharmesh Patel, the California doctor who drove his family off a cliff in an alleged murder-suicide attempt, asked the court for a mental health diversion.
Leer más »
Opinion | What AOC should've done instead of endorsing BidenThe primaries are still far off, and there's plenty of time to pressure the president.
Leer más »
China Should Consider Yuan-Backed Stablecoins Instead of CBDCs, Circle's Allaire SaysCircle CEO Jeremy Allaire touted the advantages of stablecoins over central bank digital currencies (CBDC), in an interview with South China Morning Post.
Leer más »