News

UBS survey reveals: ‘flight shame’ and taxes could halve growth in passenger numbers
2 October 2019: When calculating the growth in the aviation industry, the Swiss bank UBS, took into account increases in flight taxes and feelings of flight shame, captured by its

Conservation finance: Costa Rica’s reforestation success
10 October 2019: The Latin American nation has undertaken serious measures to rebuild its natural environment over the last three decades. Paid for in part by a fuel tax and

Travel firm urges the UK government to raise environmental taxes on aviation
8 October 2019: Responsible Travels says that the Air Passanger Duty (ADP) for flyng from airports in the UK should increase sharply, particularly for domestic flights and travel in any

How market-correcting subsidies could reconfigure agricultural trade (Chatham House, 2019)
A new paper on trade-related issues affecting the food and land use systems suggests that in order to reconfigure the global trade in agriculture products, policymakers should remove perverse incentives

UK government rejects MP’s calls to stop spending billions on overseas fossil fuel projects
2 October 2019: The UK Export Finance (UKEF), a government body that underwrites loans and insurance to help British firms secure business abroad, had spent £2.6bn in the last five

Green fiscal reform in Sweden (Shmelev and Speck, 2018)
Econometric assessment: has the Swedish carbon and energy taxation scheme been effective? Published in the Renewable and Sustainable Energy Reviews, this paper employs an econometric approach to analyze the effectiveness

US state of Illinois gas tax increases state revenue by $100M
8 October 2019: According to the Illinois Department of Revenue, a new gas tax increase from 19 cents to 38 cents, that went into effect on July 1, yielded a

Mapping and clustering the adoption of carbon pricing policies: what determines polities & propensity for adoption? (Skovgaard, Sack Ferrari and Knaggard, 2019)
As many as 66 carbon pricing policies (including both taxes and emissions trading systems) have been adopted by polities with varying levels of development and diverse political systems. Although the

GCET20 plenary session: Equity in green fiscal policy
The Green Fiscal Policy Network hosted the final plenary session of the 20th Global Conference on Environmental Taxation on Friday 27 September in Limassol, Cyprus. The session explored the equity