Resumen de Carbon tax and economic crisis: the need to change the current production model

Cristina García Fernández

• In the current context of economic crisis the level of efficiency becomes extremely important. We need to be efficient and more sustainable to save on production costs but this goal cannot be achieved without changing the current production model. The carbon tax is an incentive that has a double advantage. First, it is an efficient option to palliate climate change as it is able to achieve emission reductions without incurring in excessive costs. Second, is in itself, an incentive to achieve a gradual change towards a more sustainable production system, which is no doubt a claim for the current crisis. The purpose of this paper is, therefore, to analyze the case of the carbon tax, for being the incentive that implements greater efficiency in the market and for constituting an effective option for palliation the current global crisis negative effects.