What is it about?
The work provides calculation of carbon tax for Malaysia using enhanced PAGE09 integrated assessment model.
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Why is it important?
We use the PAGE09 model to show that in Malaysia, a rapidly developing economy, this would be an initial CT in the year 2020 of about US$68.4§0.7/tCO2 in constant 2005 US$ prices under the A1B Business-as-Usual (BAU) scenario, rising steadily to around US$225.1§3.8/tCO2 in 2050. Under a low-emissions scenario, it would be a lower CT at around US$33.3§0.5/tCO2 in 2020 rising to US$100.9§3.2/tCO2 in 2050.
Read the Original
This page is a summary of: Carbon taxation in Malaysia: insights from the enhanced PAGE09 integrated assessment model, Carbon Management, October 2016, Taylor & Francis, DOI: 10.1080/17583004.2016.1237179.
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