http://www.inquiriesjournal.com/authors/3468/michael-lee Inquiries Journal provides undergraduate and graduate students around the world a platform for the wide dissemination of academic work over a range of core disciplines. en-us Wed, 20 May 2026 03:55:13 -0400 Wed, 20 May 2026 03:55:13 -0400 http://www.inquiriesjournal.com/articles/1395/efficient-pricing-of-carbon-in-the-eu-and-its-effect-on-consumers By Michael Lee - A European single market for electricity is modeled to find the optimal portfolio of energy generation technologies in the presence of a carbon tax. The goal is to find the Pareto optimal carbon tax rate such that both carbon emissions and production costs are minimized. Different sources of electricity– namely coal, natural gas, nuclear, wind, offshore wind, and solar– are given levelized costs and carbon dioxide emissions (CO2) on a per megawatt-hour (MWh) basis. 20,000 energy portfolios, each with different allocations of the respective generation techniques, are generated via a... Tue, 15 Apr 2014 12:00 EDT http://www.inquiriesjournal.com/articles/1395/efficient-pricing-of-carbon-in-the-eu-and-its-effect-on-consumers