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 –
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G7 Countries Must Urgently Phase Out Fossil Fuel Subsidies
Agustin Redonda,
Christian von Haldenwang and
Ronald Steenblik | 8 April 2022
Fiscal,
Policy Briefs | Tags:
Climate Change,
Fossil Fuel Subsidies The world’s governments have pledged to fight climate change, yet many still subsidize fossil fuels, the combustion of which increases GHG emissions. Phasing out these subsidies is thus vital to combating climate change. What this Policy Brief proposes is that G7 Governments reaffirm their commitment
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Green Fiscal Reform Was Not Invited to the G20’s Tango Show
Michael Jakob | 1 August 2018
Blog,
Fiscal | Tags:
Carbon Pricing,
Climate Change,
Fossil Fuel Subsidies,
Latin America The Argentine G20 presidency has three concrete priorities: jobs, infrastructure, and food security. Strikingly though, carbon pricing was not invited for Tango. Indeed, the absence of carbon pricing as well as green fiscal reform among the list of priorities within this year’s agenda jeopardizes the
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Tax Expenditure and the Treatment of Tax Incentives for Investment
Agustin Redonda,
Santiago Diaz de Sarralde,
Christian von Haldenwang,
Lise Johnson,
Ariel Melamud,
Ricardo Rozemberg and
Jakob Schwab | 12 July 2018
Fiscal,
Policy Briefs | Tags:
Fossil Fuel Subsidies,
Investment,
Tax Expenditures Governments use tax expenditures to boost investment, innovation and employment. However, these schemes are largely opaque, costly and often ineffective in reaching their stated goals. They also frequently trigger unwanted side effects. In order to improve the performance of these tools, we present three concrete
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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.
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