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Table 14 Variables in the CEPE model (Continued)

From: Cost distribution and equity of climate policy in Switzerland

Symbol Description
REC W Wage subsidy rate for compensating industries outside the ETS for carbon and energy tax
REC WETS Wage subsidy rate for compensating industries in ETS for ETS permit expenditures and energy tax
QMOT Provision of implicit permits that determines mineral oil tax
REINVEST Budget adjustment for keeping investment constant
REVT Revenue generating tax on net household income