[sustran] Economic Impact of Kyoto Targets

Todd Litman litman at IslandNet.com
Fri May 1 23:31:08 JST 1998


At 07:34 AM 5/1/98 -0700, John Hartman wrote:
>I understand that a report has recently been published in the United
>States which looks at macro economic impacts of meeting the Kyoto
>targets (7% for the Americans). It identifies winners and losers and
>suggests that the net impact may be positive.

You may be refering to Dr. Dougla Norland and Kim Ninassi, "Price it Right;
Energy Pricing and Fundamental Tax Reform" Alliance to Save Energy
(Washington DC; 202-857-0666; email: info at ase.org; Web: www.ase.org), 1998.
The study used a comprehensive model of the U.S. economy to evaluate the
effects of a revenue neutral tax shift, in which income taxes were
eliminated and replaced by energy and consumption taxes. The results
indicate that GDP would increase by 7.7%, industry output would increase by
15.7%, household wealth would increase by 5.5%, and carbon emissions would
decline by 44.1%.



Sincerely,

Todd Litman, Director
Victoria Transport Policy Institute
"Efficiency - Equity - Clarity"
1250 Rudlin Street
Victoria, BC, V8V 3R7, Canada
Phone & Fax: 250-360-1560
E-mail:      litman at islandnet.com
Website:     www.islandnet.com/~litman



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