<abstract xmlns="http://www.w3.org/1999/xhtml"><bold>Research background:</bold> Insufficient global cooperation in carbon pricing against global warming has the risk of global carbon emissions rise because of carbon leakage. The effect of a carbon tax on the present supply of fossil fuels is also valuable in regard to global carbon emissions.<bold>Purpose:</bold> The purpose of this study is to gain more insights into the effects of carbon leakage along with the green paradox on global carbon emissions by reviewing the relevant literature.<bold>Research methodology:</bold> We provide the problem linked to carbon leakage and the green paradox in the introduction. Then, the effects of carbon leakage and the green paradox on global carbon emissions are elaborated separately. Finally the mutual effects of carbon leakage and the green paradox are reviewed comprehensively.<bold>Results:</bold> It is seen that various factors like interest rates, fossil fuel extraction costs, the fossil fuel reserves to be discovered in the future and carbon tax incidence are equally important determinants in regard to global carbon emissions.<bold>Novelty:</bold> This study provides an insight into the mutual effects of carbon leakage and the green paradox on global carbon emissions by reviewing the primary literature in the field.</abstract>

Research background: Insufficient global cooperation in carbon pricing against global warming has the risk of global carbon emissions rise because of carbon leakage. The effect of a carbon tax on the present supply of fossil fuels is also valuable in regard to global carbon emissions.Purpose: The purpose of this study is to gain more insights into the effects of carbon leakage along with the green paradox on global carbon emissions by reviewing the relevant literature.Research methodology: We provide the problem linked to carbon leakage and the green paradox in the introduction. Then, the effects of carbon leakage and the green paradox on global carbon emissions are elaborated separately. Finally the mutual effects of carbon leakage and the green paradox are reviewed comprehensively.Results: It is seen that various factors like interest rates, fossil fuel extraction costs, the fossil fuel reserves to be discovered in the future and carbon tax incidence are equally important determinants in regard to global carbon emissions.Novelty: This study provides an insight into the mutual effects of carbon leakage and the green paradox on global carbon emissions by reviewing the primary literature in the field.

Carbon Leakage Along with the Green Paradox Against Carbon Abatement? A Review Based on Carbon Tax

Faculty of Economics, Department of Public Finance

Folia Oeconomica Stetinensia

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Research background: Insufficient global cooperation in carbon pricing against global warming has the risk of global carbon emissions rise because of carbon...

Carbon Leakage Along with the Green Paradox Against Carbon Abatement? A Review Based on Carbon Tax

Published Online: Aug 20, 2020

Page range: 25 - 44

Received: Jun 27, 2019

Accepted: Apr 06, 2020

DOI: https://doi.org/10.2478/foli-2020-0002

Keywords
Global warming, carbon tax, carbon leakage, green paradox

© 2020 Sahin Akkaya et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Carbon Leakage Along with the Green Paradox Against Carbon Abatement? A Review Based on Carbon Tax

Published Online: Aug 20, 2020

Page range: 25 - 44

Received: Jun 27, 2019

Accepted: Apr 06, 2020

DOI: https://doi.org/10.2478/foli-2020-0002

KeywordsGlobal warming, carbon tax, carbon leakage, green paradox

© 2020 Sahin Akkaya et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Keywords
Global warming, carbon tax, carbon leakage, green paradox