Taxes vs Permits: Options for Price-Based Climate Change Regulation

This paper provides an overview of key issues involved in the choice among marketbased instruments for climate change policy. Specifically, it examines the potential net benefits from shifting to a permit system for emission reduction, and the preconditions necessary for this change. It also draws out the implications of New Zealand’s specific circumstances and current climate policies for future policy development.

Authors: 
Isabelle Sin
Suzi Kerr
Joanna Hendy
Publication Category: 
Publication Thematic Areas: 
Number of Pages: 
64
Year Published: 
2005
Countries covered: 

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