@article {S004727270200224420040101,
	title = {On atmosphere externality and corrective taxes.},
	journal = {Journal of Public Economics},
	volume = {88},
	year = {2004},
	pages = {727 - 734},
	abstract = {It has been argued that in the presence of an {\textquoteleft}Atmosphere Externality{\textquoteright} and competitive behavior by households, a uniform commodity tax on the externality-generating good attains the first best. It is demonstrated, however, that if income redistribution is desirable then personalized taxes are required for a second-best optimum. Each of these taxes is the sum of a uniform (across households) tax and a component, positive or negative, which depends on the household{\textquoteright}s income and demand elasticities. Second-best optimal indirect taxes and rules for investment in externality-reducing measures are also considered.},
	issn = {0047-2727},
	url = {http://search.ebscohost.com/login.aspx?direct=true\&db=edselp\&AN=S0047272702002244\&site=eds-live},
	author = {Sheshinski, Eytan}
}
