46 Int. J. Global Environmental Issues, Vol. 10, Nos. 1/2, 2010
Copyright © 2010 Inderscience Enterprises Ltd.
AGE assessment of interactions between climate
change policy instruments and pre-existing taxes:
the case of Ireland
Wiepke Wissema*
Department of Economics,
Trinity College Dublin, Ireland
Environmental Economics and Natural Resources Group,
Wageningen University,
The Netherlands
E-mail: wwissema@gmail.com
*Corresponding author
Rob Dellink
Institute for Environmental Studies,
VU University Amsterdam,
The Netherlands
Environmental Economics and Natural Resources Group,
Wageningen University, The Netherlands
E-mail: rob.dellink@wur.nl
Abstract: We introduce a computable general equilibrium model for Ireland to
investigate the impact of climate policy on the Irish economy, taking special
notice of interactions with the existing tax structure. To this end, we extend
the model with a detailed representation of the tax system using separate
tax data on all transactions, both intermediate and final demand. We simulate
the implementation of auctioned CO
2
emissions trading and specific CO
2
taxation in Ireland and compare different methods to recycle the revenues.
The extended tax specification facilitates a thorough second-best analysis.
Keywords: applied general equilibrium; climate change; energy taxes; Ireland.
Reference to this paper should be made as follows: Wissema, W. and
Dellink, R. (2010) ‘AGE assessment of interactions between climate change
policy instruments and pre-existing taxes: the case of Ireland’, Int. J. Global
Environmental Issues, Vol. 10, Nos. 1/2, pp.46–62.
Biographical notes: Wiepke Wissema is working as Researcher at the
Environmental Economics and Natural Resources Group of Wageningen
University, since obtaining her PhD in Economics from Trinity College Dublin
in 2007. She holds a Master’s in Environmental Economics from Wageningen
University and published her first paper in Ecological Economics.
Rob Dellink is an Assistant Professor at Wageningen University (since 1998)
and Senior Researcher Environmental Economics at the Institute for
Environmental Studies, VU University Amsterdam (since 2007). He holds a