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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