1887

The Political Economy of Environmentally Related Taxes

image of The Political Economy of Environmentally Related Taxes

Based on experience in OECD countries, this book provides a comprehensive discussion of the effectiveness of environmentally related taxes, of recent research on the environmental and economic impacts of applying them, an on their potential for wider use. In particular, it looks at how to overcome obstacles to their implementation. It also discusses the environmental and economic effects of combining such taxes with other instruments for environmetal policy.

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Environmental Effectiveness

While the theoretical advantages (especially the static and dynamic efficiency) of environmental taxes are well known, ex post data on environmental effectiveness are still relatively scarce – although price elasticity estimates are available for many energy products. There are several reasons for this.

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