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Author (up) O'Ryan, R.; Nasirov, S.; Osorio, H. doi  openurl
  Title Assessment of the potential impacts of a carbon tax in Chile using dynamic CGE model Type
  Year 2023 Publication Journal Of Cleaner Production Abbreviated Journal J. Clean. Prod.  
  Volume 403 Issue Pages 136694  
  Keywords CGE model; Carbon tax; Economy-wide effects; CO2 emissions; Chile  
  Abstract Carbon taxes have been proposed as a major instrument to mitigate carbon emissions and promote an energy transition to low carbon sources. However, its adoption remains politically challenging, particularly amid rising inflation and energy prices. Despite the need for more aggressive action on carbon mitigation to reach the Paris Agreement goals, few countries in Latin America have adopted carbon taxes and the tax levels are relatively low. A key concern for these countries, is to adequately assess the tradeoffs between stricter emission goals and the potential negative economy wide as well as sectoral and distributive impacts. In this context, in this paper we first propose a step by step approach to enhance an existing dynamic Computable General Equilibrium (CGE) model for Chile based on OECD's Green model. The contribution of this research is twofold. Firstly, emission factors are estimated and the development of the electricity sector is aligned with the expectations of decision makers. As a result, credible emission and energy sector development forecasts are generated by the model, that are in line with what policymakers expect to happen based on other bottom-up engineering models. Secondly, this baseline is then used in the CGE model to examine the use of a carbon tax to reach Chile's first Nationally Determined Contribution. The required tax level is determined together with CO2 emissions and the econo-mywide, sectoral and distributive impacts. The results allow concluding about the applicability of carbon taxes and possible complementary measures.  
  Corporate Author Thesis  
  Publisher Place of Publication Editor  
  Language Summary Language Original Title  
  Series Editor Series Title Abbreviated Series Title  
  Series Volume Series Issue Edition  
  ISSN 0959-6526 ISBN Medium  
  Area Expedition Conference  
  Notes WOS:000967059900001 Approved  
  Call Number UAI @ alexi.delcanto @ Serial 1777  
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