The Role of Fiscal Instruments in Environmental Policy

37 Pages Posted: 22 Jul 2009

See all articles by Katri Kosonen

Katri Kosonen

affiliation not provided to SSRN

Gaëtan Nicodème

Université Libre de Bruxelles (ULB) - Solvay Brussels School of Economics and Management; CEPR and CESifo The views expressed in the article are those of the author and should not be attributed to the European Commission.

Date Written: July 2009

Abstract

Environmental protection is one of Europe's key values. The EU has set clear policy objectives to achieve its environmental goals. The EU has favoured market-based instruments, among which fiscal instruments to tackle the climate change problem. This paper takes a policy-making perspective and provides an overview of key issues on the role of fiscal instruments in energy and environmental policies. It describes fiscal instruments as cost-effective means to promote environmental goals and highlights in which cases taxes and other types of fiscal instruments can usefully complement each other to achieve environmental target.

Keywords: taxation, environmental policy, VAT, fiscal incentives

JEL Classification: H23, Q38, Q48, Q58

Suggested Citation

Kosonen, Katri and Nicodeme, Gaetan, The Role of Fiscal Instruments in Environmental Policy (July 2009). CESifo Working Paper Series No. 2719, Available at SSRN: https://ssrn.com/abstract=1437501 or http://dx.doi.org/10.2139/ssrn.1437501

Katri Kosonen

affiliation not provided to SSRN ( email )

Gaetan Nicodeme (Contact Author)

Université Libre de Bruxelles (ULB) - Solvay Brussels School of Economics and Management ( email )

50 Avenue Roosevelt
Brussels 1050
Belgium

CEPR and CESifo The views expressed in the article are those of the author and should not be attributed to the European Commission.

No Address Available

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
572
Abstract Views
2,174
Rank
80,591
PlumX Metrics