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 |