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Carbon Tax As The Most Appropriate Carbon Pricing Mechanism For Developing Countries And Strategies To Design An Effective Policy

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dc.contributor.authorIzlawanie Muhammaden_US
dc.date.accessioned2024-05-29T02:26:36Z
dc.date.available2024-05-29T02:26:36Z
dc.date.issued2022
dc.date.submitted2023-1-10
dc.descriptionVolume 9, Issue 2 (page: 161-184)en_US
dc.description.abstractThe global consensus on the threat of climate change risk leads to an agreement to mitigate higher greenhouse gas emissions and limit global mean temperature rise to below 2 ℃ and, ideally, below 1.5 ℃ by 2050. In achieving the mean temperature target, international organisations like the World Bank, Organisation of Economic Co-operation Development and United Nations strongly suggest that policymakers implement a carbon pricing policy. A carbon tax is a market-based policy that has gained attention from many policymakers to reduce carbon emissions and increase the government's revenue. Designing a feasible carbon tax framework is crucial to ensure effectiveness and public acceptability. However, policy design in developing countries may be more complicated than in developed countries due to insufficient income and resources, social inequity, and poverty. This paper discusses the features of a carbon tax and the dimensions of designing an effective carbon tax policy for developing nations. A simplified framework for carbon tax implementation in developing countries is provided. The framework should be a foundation for developing countries to implement and develop a feasible and acceptable carbon tax policy.en_US
dc.identifier.doi10.3934/environsci.2022012
dc.identifier.epage168
dc.identifier.issn2372-0352
dc.identifier.issue2
dc.identifier.spage145
dc.identifier.urihttps://www.aimspress.com/article/id/62458762ba35de1ee63d3cc3
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/10619
dc.identifier.volume9
dc.language.isoen_USen_US
dc.publisherAIMS Pressen_US
dc.relation.ispartofAIMS Environmental Scienceen_US
dc.subjectdeveloping countries, carbon tax, design implementation, carbon pricingen_US
dc.titleCarbon Tax As The Most Appropriate Carbon Pricing Mechanism For Developing Countries And Strategies To Design An Effective Policyen_US
dc.typeArticleen_US
dspace.entity.typePublication

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