Research Article

An Assessment of Japanese Carbon Tax Reform Using the E3MG Econometric Model

Table 1

FY2012 proposed tax rates.

ā€‰Crude petroleum/petroleum products
(per kilo liter)
Gaseous hydrocarbon
(per ton)
Coal
(per ton)

PresentJPY 2,040JPY 1,080JPY 700
October 1, 2012JPY 2,290JPY 1,340JPY 920
April 1, 2014JPY 2,540JPY 1,600JPY 1,140
April 1, 2016JPY 2,800JPY 1,860JPY 1,370