Efficiency and Equity Implications of Carbon Tax in the Construction Industry

摘要: With an increasing American public desire to regulate carbon emissions from stationary and dynamic sources, with more states adopting green energy building legislation as effort towards environment initiative, there are imperative needs evaluate the efficiency equity implications of using market based mechanisms reduce in construction facility management industry. After all, operation consist than one third U.S. This paper develops models supply, price, capacity, technology selection on a duopoly structure address these research questions. The housing is used for theoretical analysis emission reductions industry fairness effects regulatory policies, e.g. tax pricing. Nash-Cournot Equilibrium determined assess behavior various sizes builders. shows that 1) will be effective policy terms reducing effectively avoiding large fluctuation industry; 2) regulations small contractors greater ones; 3) house price rise result shared by customers; 4) reduction primarily due adoption available cost-efficient technologies.