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Table 3 Macro-economic effect of simulated scenarios

From: Growth impacts of Swiss steering-based climate policies

  Target
  1.5 tCO2 p.c.   1.0 tCO2 p.c.
Changes in utility [%]    
Economy-wide CO2 tax −1.69   −2.64
ETS and uniform CO2 tax −1.62   −2.63
ETS + differentiated CO2 tax −2.35   −3.41
Aggregate growth of consumption [%] a    
BAU   1.18  
Economy-wide CO2 tax 0.97   0.89
ETS and uniform CO2 tax 0.97   0.89
ETS + differentiated CO2 tax 0.93   0.86
Aggregate growth of investments [%]    
BAU   1.22  
Economy-wide CO2 tax 1.68   1.77
ETS and uniform CO2 tax 1.65   1.73
ETS + differentiated CO2 tax 1.63   1.70
Aggregate growth of output [%]    
BAU   1.23  
Economy-wide CO2 tax 1.209   1.229
ETS and uniform CO2 tax 1.206   1.231
ETS + differentiated CO2 tax 1.210   1.233
  1. aGrowth rates in this table are calculated as the annual average growth rate of aggregate between 2010 and 2050, in percentage