Artikel
Facilitating the transport and heating transition: Strengthen carbon pricing, introduce a climate dividend, and reduce adaptation costs
Despite the easing of prices on the energy markets, private households continue to be burdened by elevated prices. The planned increase the planned increase in the carbon price for transport and heating will raise the burden on private households even further. These additional costs are unequally distributed and have a regressive effect, as poor households must spend much more relative to their net income than rich households. Using the tax revenue from carbon pricing to fund a flat-rate climate dividend per person reduces this regressive effect substantially. However, low-income households with a high level of energy consumption, which are impacted in particular, need additional relief or more support in conserving energy. Adaptation responses to the higher prices are uncertain, but could result in emissions savings of up to 30 percent.
- Language
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Englisch
- Bibliographic citation
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Journal: DIW Weekly Report ; ISSN: 2568-7697 ; Volume: 13 ; Year: 2023 ; Issue: 23 ; Pages: 163-170
- Classification
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Wirtschaft
Energy: Demand and Supply; Prices
Personal Income, Wealth, and Their Distributions
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- Subject
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Energy prices
distribution
transfer reform
- Event
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Geistige Schöpfung
- (who)
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Bach, Stefan
Buslei, Hermann
Felder, Lars
Haan, Peter
- Event
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Veröffentlichung
- (who)
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Deutsches Institut für Wirtschaftsforschung (DIW)
- (where)
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Berlin
- (when)
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2023
- DOI
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doi:10.18723/diw_dwr:2023-23-1
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Bach, Stefan
- Buslei, Hermann
- Felder, Lars
- Haan, Peter
- Deutsches Institut für Wirtschaftsforschung (DIW)
Time of origin
- 2023
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