Carbon tax

Description:	A tax on carbon leads to higher fossil fuel prices, making low-carbon alternatives more attractive.
Is implemented in:	Energy conversion, Energy demand, Climate policy

Associated policy response component

Component: Air pollution and energy policies
Page: Air pollution and energy policies/Policy issues

Effects of this policy intervention on components

Component: Energy conversion
Effect :

Component: Energy demand
Effect :

Component: Climate policy
Effect : In the climate policy component, the carbon tax leads to emission reductions via Marginal Abatement Cost (MAC) curves derived from the TIMER model.

Component: Energy supply
Effect :

Component: Emissions
Effect :