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Taxing Energy Use 2018

Companion to the Taxing Energy Use Database

image of Taxing Energy Use 2018

Emissions from energy use cause environmental and health damages and they also contribute to climate change. By charging for these damages, taxes on energy use can reduce excessive emissions, while raising revenue that can be used to fund vital government services.

This report assesses the magnitude and coverage of taxes on energy use - carbon taxes and other specific taxes on energy use - in 2015, across different countries and selected country groups, six sectors and five main fuel groups. It also considers change in effective tax rates on energy use between 2012 and 2015. The analysis is based on the OECD’s Taxing Energy Use database, a unique dataset to compare coverage and magnitude of specific taxes on energy use across 42 OECD and G20 economies, which together represent approximately 80% of global energy use and CO2-emissions associated with energy use.

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Foreword and acknowledgements

Governments around the world have joined forces to fight global warming. The Paris Agreement sets a clear goal – limiting global average temperature increases to well below 2 degrees Celsius. This requires deep cuts in carbon emissions, starting now. Carbon taxes and other specific taxes on energy use – analysed in this report – can integrate the climate and environmental costs of energy use into prices. They are indispensable components of the policies needed to fight climate change, and will help cut air pollution and other negative side effects of energy use.

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