Carbon-Energy Taxation: Lessons from Europe - download pdf or read online

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By Mikael Skou Andersen,Paul Ekins

whilst taxes are brought on carbon and effort, and the profit is used to lessen different taxes, will a good impression be accomplished either for the surroundings and for the economic system? In 1990 Finland used to be the 1st state to introduce a tax on CO2. Later, Sweden, Denmark, Netherlands, Slovenia, Germany and the united kingdom go well with with tax reforms that shifted taxation from labour to carbon and effort. through the years, CO2 and effort taxes have steadily been raised, in order that in
Europe taxes of greater than 25 billion Euros a yr were shifted.

This e-book examines carbon-energy taxation intimately and appears at tax moving programmes for reducing different taxes. It bargains broad research at the foundation of old info and seeks to respond to very important questions for policy-making, reminiscent of: What was once the influence of tax moving for financial functionality and competitiveness? through how a lot have been emissions of CO2 decreased? may energy-intensive industries lower additional down on their gas call for or did they free industry stocks? To what quantity used to be there
'leakage' from Europe, in order that construction and CO2 emissions have been shifted to different international locations or areas with out CO2-abatement coverage? using certain and unique information, together with sector-specific power costs and taxes, in addition to using complicated statistical thoughts, equivalent to co-integration
analysis and panel-regression strategies besides the time-series predicted macro-economic version E3ME, make this a very complete volume.

On the foundation of the teachings realized in Europe, this quantity shows how carbon-energy taxation may possibly usefully be mixed with emissions buying and selling, and discusses implications for destiny overseas weather coverage, together with how the IPCC innovations for a steady escalation in carbon fee can be comprehensive whereas combating carbon leakage.

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Carbon-Energy Taxation: Lessons from Europe by Mikael Skou Andersen,Paul Ekins

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