Revenue generated from CO2 taxation or the auctioning of emission allowances can be used to lower distortionary taxes, reduce government debt, compensate poor communities for carbon price burdens, or invest in public infrastructure to reach Sustainable Development Goals (Franks et al. 2015).

Authors

• Person: Ottmar Edenhofer, Christian Flachsland, Brigitte Knopf, Ulrike Kornek Organization: Global Solutions Initiative
  Carbon Pricing for Climate Change Mitigation and Financing the SDGs

Sources

• Carbon Pricing for Climate Change Mitigation and Financing the SDGs www.global-solutions-initiative.org Ottmar Edenhofer, Christian Flachsland, Brigitte Knopf, Ulrike Kornek · Global Solutions Initiative via serper

Referenced by nodes (1)

• carbon pricing concept