Arbeitspapier
Designing Fiscal Policy to Address the External Costs of Energy
This paper first reviews the conceptual case for, and appropriate design of, fiscal policies to address major externalities associated with energy useglobal warming, local air pollution, and various side effects (e.g., congestion) from motor vehicles. Techniques for (roughly) estimating the magnitude of these externalities, and corrective energy taxes, on a country-by-country basis are then described. The implications for reforming energy taxes, and the potential environmental, health, and fiscal benefits from reform, are then discussed. A theme of the paper is the critical role of finance ministries in administering tax reforms and ensuring efficient use of revenues.
- Language
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 5128
- Classification
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Wirtschaft
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Energy: Government Policy
Climate; Natural Disasters and Their Management; Global Warming
Environmental Economics: Government Policy
- Subject
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externalities
energy taxes
getting prices right
air pollution
global warming
- Event
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Geistige Schöpfung
- (who)
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Parry, Ian
- Event
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Veröffentlichung
- (who)
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Center for Economic Studies and ifo Institute (CESifo)
- (where)
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Munich
- (when)
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2014
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Parry, Ian
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2014