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Biden tax plan replaces U.S. fossil fuel subsidies with clean energy incentives
U.S. Treasury Secretary Janet Yellen on Wednesday released details of a tax hike proposal that would replace subsidies for fossil fuel companies with incentives for production of clean energy in
The EU wants a carbon tax on imports — would it be an effective climate solution?
The European Union is considering a new tax on imports as it tries to fight climate change, and the U.S. is raising concerns about it. By Timothy Hamilton At issue is what’s known
The Case for Green Consumer Taxes
As the world looks to recover from the COVID-19 pandemic and tackle climate change, progressive consumer taxes on resource-intensive goods could help. Such taxes would fall on the rich more
World leaders pledge climate cooperation despite other rifts
The leaders of Russia and China put aside their raw-worded disputes with U.S. President Joe Biden on 22 April long enough to pledge international cooperation on cutting climate-wrecking coal and
Why COVID-19 government support needs to be tailored and targeted
Governments need to tailor their financial support to citizens and organizations in response to COVID-19. The IMF recommends targeted support to vulnerable houses and focused support to viable firms. Support
WTO Fisheries Subsidies Negotiations Focus on Overfishing
Members focused on two articles in the chair’s draft consolidated text related to subsidies on overfished stocks and on overcapacity and overfishing. Members “continued to disagree” on how to determine
Serbia adopts four laws on energy, mining
The National Assembly of the Republic of Serbia has adopted two new laws – the law on renewable energy sources and the law on energy efficiency and rational use of
Biden takes aim at fossil subsidies, pushes clean energy incentives in tax plan
President Joe Biden’s recently unveiled tax plan to accompany his $2 trillion infrastructure proposal takes direct aim at fossil fuel subsidies in favor of clean energy incentives. The U. S.
Efficient carbon pricing under uncertainty
Any global temperature target must be translated into an intertemporal carbon budget and an associated cost-efficient carbon price schedule. This column uses an intertemporal asset-pricing approach to examine the impact
