Download or read book Tax Revenue Implications of Decarbonising Road Transport Scenarios for Slovenia written by OECD and published by OECD Publishing. This book was released on 2019-05-22 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report investigates how tax revenue from transport fuels could evolve over time as vehicles rely less on fossil fuels, with a focus on the case study of the Republic of Slovenia. Reducing the reliance on fossil fuels in the transport sector is a welcome development from the perspective of its climate and health impacts and of reduced energy dependence.
Download or read book Tax Revenue Implications of Decarbonising Road Transport written by and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Decarbonisation and the Pricing of Road Transport written by and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Revenue Implications of a Carbon Tax written by and published by . This book was released on 2017 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: A primary reason for implementing a carbon or greenhouse gas tax is to reduce emissions, but in recent years there has been increased interest in a carbon tax’s revenue potential. This revenue could be used for federal deficit reduction, to help finance tax reform, support new spending priorities such as infrastructure spending, offset the burden of the tax on households, or other purposes. With an environmental goal to reduce emissions to very low levels, programs that become dependent on the revenue may come up short when and if carbon revenue begins to decline. To date, the revenue potential of a carbon tax has not been studied in detail. This study focuses on how much carbon tax revenue can be collected and whether there is a carbon “Laffer Curve” relationship, with a point where revenue begins to decline. We employ the MIT U.S. Regional Energy Policy (USREP) model, a dynamic computable general equilibrium model for the U.S. economy, for the numerical investigation of this question. We consider scenarios with different carbon prices and emissions reductions goals to explore how they may affect whether and at what tax rate revenues peak. We find that a sufficiently high tax rate would induce a revenue peak between now and 2050. For the scenarios we study, however, we find that carbon tax revenue is a dependable source of revenue to finance federal fiscal initiatives over a thirty-year period at the minimum. We also explore how the cost of low-carbon technology and existing energy policies interact with tax rates and revenues. Our results indicate that lower costs of abatement technology make emissions more responsive to the tax rate, and removing regulations on renewables and personal transportation results in more carbon tax revenues. Our results also show that either lowering technology costs or removing existing policies would reduce the welfare cost of a carbon policy with specific reduction goals, with a larger offsetting gain from eliminating distortions associated with existing policies.
Download or read book Fuel Consumption Dynamics in Europe Implications of Fuel Tax Reforms for Air Pollution and Carbon Emissions from Road Transport written by Anne Zimmer and published by . This book was released on 2016 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper estimates the potential of fuel tax reforms to curb harmful air pollutants and carbon emissions from road transport in Europe. We provide robust estimates for the responsiveness of fuel consumption to changes in prices, which constitute a key determinant for emissions pathways in response to policy interventions. We show that accounting for the manifest shift to diesel in the European vehicle fleet, as well as hitherto restricted dynamics of the fuel consumption response over time yield strong evidence that petrol and diesel demand are more price elastic already in the short run than previous studies suggest. In particular, we present evidence that diesel demand in Europe tends to be more price elastic than petrol demand, when instrumenting prices with excise taxes to account for endogeneity. Inspired by recent fuel tax reform proposals, we then show that both (i) a repeal of the preferential tax treatment for diesel and (ii) an introduction of a carbon content-based tax, could avoid considerable amounts of health damaging air pollutant exhaust while at the same time contributing substantially to achieving the EU climate policy goals for 2020. In many countries, abandoning the diesel tax advantage has nearly as strong an effect as a 50€/tCO2 tax on fuel. Both reforms have significant revenue potential.
Download or read book Environmental Tax Policy Review of Andalusia written by OECD and published by OECD Publishing. This book was released on 2023-03-09 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Environmental Tax Policy Review of Andalusia provides a detailed review of the environmentally related tax framework in the areas of greenhouse gas emissions and air pollution, water usage and pollution, and waste and circular economy in the Autonomous Region of Andalusia, Spain.
Download or read book Tax Policy Reforms 2019 OECD and Selected Partner Economies written by OECD and published by OECD Publishing. This book was released on 2019-09-05 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the fourth edition of Tax Policy Reforms: OECD and Selected Partner Economies, an annual publication that provides comparative information on tax reforms across countries and tracks tax policy developments over time. The report covers the latest tax policy reforms in all OECD countries, as well as in Argentina, Indonesia and South Africa. Monitoring tax policy reforms and understanding the context in which they were undertaken are crucial to informing tax policy discussions and to supporting governments in the assessment and design of tax reforms.
Download or read book OECD Series on Carbon Pricing and Energy Taxation Pricing Greenhouse Gas Emissions Turning Climate Targets into Climate Action written by OECD and published by OECD Publishing. This book was released on 2022-11-03 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accelerating the transition to net zero greenhouse gas (GHG) emissions is urgently required to contain the risks of climate change. As countries seek to reduce GHG emissions, they can employ or reform a wide range of policy instruments. This report tracks how explicit carbon prices, energy taxes and subsidies have evolved between 2018 and 2021.
Download or read book ITF Transport Outlook 2023 written by International Transport Forum and published by OECD Publishing. This book was released on 2023-05-24 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ITF Transport Outlook 2023 examines the impacts of different policy measures on global transport demand and carbon dioxide (CO2) emissions to 2050.
Download or read book Taxing Energy Use 2019 Using Taxes for Climate Action written by OECD and published by OECD Publishing. This book was released on 2019-10-15 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taxing Energy Use (TEU) 2019 presents a snapshot of where countries stand in deploying energy and carbon taxes, tracks progress made, and makes actionable recommendations on how governments could do better. The report contains new and original data on energy and carbon taxes in OECD and G20 countries, and in international aviation and maritime transport.
Download or read book Consumption Tax Trends 2020 VAT GST and Excise Rates Trends and Policy Issues written by OECD and published by OECD Publishing. This book was released on 2020-12-03 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consumption Tax Trends provides information on Value Added Taxes/Goods and Services Taxes (VAT/GST) and excise duty rates in OECD member countries. It also contains information about international aspects of VAT/GST developments and the efficiency of this tax. It describes a range of other consumption taxation provisions on tobacco, alcoholic beverages, motor vehicles and aviation fuels.
Download or read book OECD Regional Development Studies Reaching Climate Neutrality for the Hamburg Economy by 2040 written by OECD and published by OECD Publishing. This book was released on 2024-01-26 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report shows what reaching climate neutrality by 2040 means for Hamburg businesses and identifies key actions they need to undertake.
Download or read book OECD Environmental Performance Reviews Ireland 2021 written by OECD and published by OECD Publishing. This book was released on 2021-05-10 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ireland’s progress in delinking the economy from environmental pressures has been uneven in the last decade. Greenhouse gas emissions, waste generation and nutrient pollution rose with strong economic growth between the mid-2010s and the inception of the COVID‐19 pandemic.
Download or read book Net Zero Climate and Economic Resilience in a Changing World written by OECD and published by OECD Publishing. This book was released on 2023-05-16 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides a synthesis of the OECD Net Zero+ project, covering the first phase of an ongoing, cross-cutting initiative, representing a major step forward for an OECD whole-of-government approach to climate policy.
Download or read book OECD Economic Surveys Belgium 2024 written by OECD and published by OECD Publishing. This book was released on 2024-09-23 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: Belgium’s economy has been relatively resilient to recent shocks and is expected to continue to grow steadily. Public finances have deteriorated though. In absence of fiscal consolidation, the debt-to-GDP ratio is projected to rise fast. Cutting ineffective public spending and reforming the budgetary framework to increase accountability across governments would help ensure public finances are on a sustainable path. Reforms to taxes and benefits could foster labour market activation and expand the tax base. Strengthening prevention and return-to-work programmes could contribute to tackling the high and increasing take up of disability benefits and better support employment of people with reduced work capacity. A coordinated strategy to reduce administrative costs and facilitate small firms’ access to training could increase business dynamism and productivity. Targeted support for female entrepreneurs could also unlock additional potential of the SME sector. Achieving the green transition requires setting up binding targets and improving coordination of climate policy across federal and regional governments. Easing procedures and improved financing schemes would help deploy renewable energy production. Transparency in future environmental standards with adequate and well-targeted financial incentives would sustain household investment in energy efficiency and electrification, particularly in the transportation and building renovation sectors. SPECIAL FEATURES: LABOUR MARKET, CLIMATE POLICY, SMALL- AND MEDIUM-SIZED ENTERPRISES
Download or read book Tax Policy Reforms 2020 OECD and Selected Partner Economies written by OECD and published by OECD Publishing. This book was released on 2020-09-03 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the fifth edition of Tax Policy Reforms: OECD and Selected Partner Economies, an annual publication that provides comparative information on tax reforms across countries and tracks tax policy developments over time. The report covers the latest tax policy reforms in all OECD countries, as well as in Argentina, China, Indonesia and South Africa.
Download or read book OECD Economic Surveys Italy 2024 written by OECD and published by OECD Publishing. This book was released on 2024-01-22 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: Italy has weathered recent crises well. A strong fiscal policy response, enhanced competitiveness and improved banking sector health have supported growth in recent years.
