RT Generic
A1 Radziwill, Artur
T1 Improving Energy System Efficiency in the Czech Republic
JF OECD Economics Department Working Papers
YR 2012
FD Jan 27
K1 Czech Republic
K2 carbon trading systems
K3 transport
K4 emissions
K5 energy efficiency
K6 carbon tax
K7 infrastructure
AB A carbon intensive energy system in the Czech Republic contributes to one of the highest ratios of greenhouse gas (GHG) emissions to GDP in the OECD. While EU emission reduction commitments provide the most visible and binding motivation for changing the way in which the country produces and uses energy, action is also required to improve energy security and public health and to avoid an adverse impact of emission reduction on economic growth and living standards. Energy system transformation requires ensuring a comprehensive, consistent and stable policy framework with stronger ex ante and ex post evaluation. A single carbon price should be achieved through the Emission Trading System (ETS) and carbon taxation. Excise tax rates on all fossil energy sources and products should be realigned, based on their carbon content and other environmental externalities, notably by increasing the relative taxation of diesel. Sectoral policies that complement carbon pricing in promoting greener energy sources, energy efficiency and less fuel intensive transport need to be strengthened.
PB Organisation for Economic Co-operation and Development
DO 10.1787/5k9gsh6mcgzp-en
UL http://www.oecd-ilibrary.org/;jsessionid=6gn3knddu509n.x-oecd-live-02content/workingpaper/5k9gsh6mcgzp-en