All Hands On Deck To Confront The Energy Crisis
Patrick Lenain | 15 November 2022
Blog,
Trade | Tags:
Carbon Pricing,
Energy,
Fossil Fuel Subsidies The current energy crisis illustrates once again the importance of reliable, diversified and affordable energy sources. Strong price increases inflict heavy economic damages: if coal, oil and gas retain their recent high prices, global spending on energy will reach 13% of GDP in 2022 –
... continue reading
Energy Tax Expenditures in a Globalized Economy
Agustin Redonda and
Johannes Schwarzer | 9 May 2018
Discussion Notes,
Fiscal,
Trade | Tags:
Energy,
Tax Competition,
Tax Expenditures Countries around the world have introduced energy taxes to expand revenues, reduce energy consumption and curb greenhouse gas emissions. In that context, they have frequently also implemented tax provisions to lower the energy tax bill for certain industries, households and regions. Tax exemptions and deductions
... continue reading
Tax Expenditures and the Environment: Strengthening the Spotlight
Agustin Redonda | 8 November 2017
Blog,
Fiscal | Tags:
Energy,
Environment,
Fossil Fuel Subsidies,
Tax Expenditures Tax expenditures – government spending through deductions, exemptions, and other benefits granted through the tax code – are significant and have wide ranging environmental implications. A stronger green fiscal policy spotlight on them is critical.
... continue reading
Tax Expenditures and Sustainability. An Overview
Agustin Redonda | 11 November 2016
Discussion Notes,
Fiscal | Tags:
Employment,
Energy,
Fossil Fuel Subsidies,
Health,
Housing,
Inequality,
Innovation,
Patent Boxes,
Pensions,
Tax Expenditures,
VAT Fiscal policy has significant effects on a broad sustainability agenda covering long-term economic, social and environmental goals. However, whereas a myriad of actors scrutinize taxation as well as direct government spending with regard to their impact on sustainability, a key feature of fiscal policy has
... continue reading
Climate Change, Carbon Pricing and Energy Tax Expenditures
Agustin Redonda | 6 October 2016
Blog,
Fiscal | Tags:
Carbon Pricing,
Climate Change,
Energy,
Tax Expenditures Climate change is moving up policy agendas worldwide. Last year’s COP21 was yet another wake-up call that the international community needs to take urgent action to reduce greenhouse gas (GHG) emissions. The main outcome of the meeting, the Paris Agreement, was a significant milestone in
... continue reading