Please use this identifier to cite or link to this item: https://doi.org/10.21256/zhaw-18378
Title: How do plants respond to a rising carbon tax? : empirical evidence on energy consumption and emissions
Authors : Fauceglia, Dario
Leu, Thomas
Müller, Tobias
et. al : No
Conference details: 34th Annual Congress of the European Economic Association / 72nd European Meeting of the Econometric Society- EEA ESEM, Manchester, United Kingdom, 26-30 August 2019
Publisher / Ed. Institution : ZHAW Zürcher Hochschule für Angewandte Wissenschaften
Issue Date: 2019
License (according to publishing contract) : Licence according to publishing contract
Type of review: Not specified
Language : English
Subjects : Carbon tax; Plant behavior; Emission; Energy consumption
Subject (DDC) : 333.7: Land, recreational areas and energy
Abstract: This paper examines how Swiss plants respond to a carbon tax that was increased by 400% during the period 2008-2015. In response to the tax and unrelated to sector affliation, we find that while plants reduced carbon emissions by 12-15%, energy consumption fell by 4-6%. These results are consistent with a series of CO2 fuel tax elasticities estimates ranging between -0.1 and -0.23. Plants in the service sector exclusively reduced emissions by consuming less fossil fuels, whereas plants in the industry sector also increasingly switched to the less carbon-intensive natural gas. Finally, more heavily taxed plants due to a relatively carbon-intensive energy mix as well as plants with high pre-policy emission levels decreased emissions disproportionately.
Departement: School of Management and Law
Organisational Unit: Center for Economic Policy (FWP)
Publication type: Conference paper
DOI : 10.21256/zhaw-18378
URI: https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=EEAESEM2019&paper_id=2422
https://digitalcollection.zhaw.ch/handle/11475/18378
Appears in Collections:Publikationen School of Management and Law

Files in This Item:
File Description SizeFormat 
How do plants respond_2019_SC2.1_Full paper.pdf469.13 kBAdobe PDFThumbnail
View/Open


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.