Revenue from fuel duties peaked at 2.2% of national income in 1999–2000 in the UK. However, the duty-levels have since decreased, resulting in a revenue contraction of £19 billion. Prime
More than 100 years ago, British economist Arthur Cecil Pigou explained how to tax things like pollution. His insight on how to deal with negative externalities of industry activities is
5 November 2019: Speaking last week at the Asian Clean Energy Summit, part of Singapore International Energy Week 2019, experts have said that Southeast Asia’s fast-growing economies need to abandon
1 November 2019: In CNN’s recent climate crisis town hall, fossil fuels—and the industry that produces them—were mentioned 153 times. In particular, US presidential candidate Bernie Sanders pledged to end
1 November 2019: The government has recently slashed energy subsidies as part of a series of fiscal reforms, reducing public spending on subsidies from a high of 5.9% of GDP
5 November 2019: The Slovenian Energy Agency has completed the latest selection of electricity generation facilities to be included in the support scheme (receiving EUR 10 million in subsidies) for
25 October 2019: The Russian government has significantly weakened its proposed law to regulate emissions, apparently caving in to the country’s powerful fossil fuel industry. The first draft of the
29 October 2019: Madrid-based Solaria Energia y Medio Ambiente SA is planning to install 3,325 megawatts of capacity by the end of 2023 with no support from public funding, taking
29 October 2019: The Netherlands has launched the latest round of its renewable energy subsidy programme SDE+ this week, with a budget to the tune of €5 billion (~US$5.6 billion).
28 October 2019: Experts from adelphi, Climate Focus, and Perspectives Climate Group, commissioned by the German Federal Ministry for the Environment, Nature Conservation, and Nuclear Security have studied a number
… for more Green Fiscal Policy news!
Economy Division, Resources and Markets Branch, 11-13, Chemin des Anémones, 1219 Châtelaine, Geneva, Switzerland
700 19th Street, N.W., Washington, D.C. 20431, USA
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), Friedrich-Ebert-Allee 36 + 40, 53113 Bonn, Germany