By Mikael Skou Andersen,Paul Ekins
Europe taxes of greater than 25 billion Euros a yr were shifted.
This booklet examines carbon-energy taxation intimately and appears at tax moving programmes for decreasing different taxes. It bargains large research at the foundation of old facts and seeks to reply to very important questions for policy-making, reminiscent of: What used to be the effect of tax moving for financial functionality and competitiveness? through how a lot have been emissions of CO2 lowered? may energy-intensive industries reduce extra down on their gas call for or did they unfastened marketplace stocks? To what volume was once there
'leakage' from Europe, in order that creation and CO2 emissions have been shifted to different international locations or areas with no CO2-abatement coverage? using targeted and unique facts, together with sector-specific strength costs and taxes, in addition to using complex statistical recommendations, reminiscent of co-integration
analysis and panel-regression strategies besides the time-series predicted macro-economic version E3ME, make this a really entire volume.
On the root of the teachings discovered in Europe, this quantity exhibits how carbon-energy taxation may possibly usefully be mixed with emissions buying and selling, and discusses implications for destiny foreign weather coverage, together with how the IPCC ideas for a steady escalation in carbon expense should be entire whereas combating carbon leakage.
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Carbon-Energy Taxation: Lessons from Europe by Mikael Skou Andersen,Paul Ekins