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The Green Market Transition

Carbon Taxes, Energy Subsidies and Smart Instrument Mixes Edited by Stefan E. Weishaar, Associate Professor of Law and Economics, Faculty of Law, University of Groningen, the Netherlands, Larry Kreiser, Professor Emeritus of Accounting, Cleveland State University, Janet E. Milne, Professor of Law and Director of the Environmental Tax Policy Institute, Vermont Law School, US, Hope Ashiabor, Associate Professor of Law, Faculty of Business and Economics, Macquarie University, Australia and Michael Mehling, Deputy Director of the Center for Energy and Environmental Policy Research, Massachusetts Institute of Technology, US
The Paris Agreement’s key objective is the strengthening of the global response to climate change by transitioning the world to an increasingly green economy. In this book, environmental tax and climate law experts examine carbon taxes energy subsidies, and support schemes for carbon and energy policies. Chapters reflect on the underlying policy dynamics and the constraints of various fiscal measures, and consider the harmonisation of smart instrument mixes.
Extent: 304 pp
Hardback Price: $145.00 Web: $130.50
Publication Date: 2017
ISBN: 978 1 78811 116 4
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  • Economics and Finance
  • Environmental Economics
  • Public Finance
  • Environment
  • Energy Economics
  • Energy Policy and Regulation
  • Environmental Law
  • Law - Academic
  • Energy Law
  • Environmental Law
  • Tax Law and Fiscal Policy
  • Politics and Public Policy
  • Environmental Politics and Policy
The Paris Agreement on climate change constitutes an important milestone in international climate negotiations. Its key objective is the strengthening of the global response to climate change by transitioning the world to an increasingly green economy. In this book, environmental tax and climate law experts address the various issues surrounding green market transitions.

Key chapters examine carbon taxes and systems of implementation, energy subsidies, and support schemes for carbon and energy policies. Using a multitude of international case studies, several contributing authors reflect on the underlying policy dynamics and the constraints of various fiscal measures. In addition, this timely work considers the important issue of smart instrument mixes, going beyond instrument choice to examine how they can work in harmony together.

Astute and engaging, this book is a vital companion for students and scholars in environmental law, economics and sustainability. Its practical approach also renders it an excellent guide for policy makers and those involved in fiscal reform and green market transition.
‘Stefan Weishaar brought an excellent group of authors together in this book, reflecting on key developments for the green market transition! Happy to read so many refreshing contributions on carbon taxes, energy subsidies and smart instrument mixes.’
– Kurt Deketelaere, University of Leuven, Belgium

‘The adoption of the Paris Agreement on climate change has made it crystal clear that the attention of scholars and practitioners alike needs to shift to the functioning of policies in support of a low-carbon transition. Offering a timely and important contribution, Weishaar and colleagues have brought together a distinguished and diverse group of authors, who together generate a wealth of ideas for the design of policy instrument mixes in various parts of the world.’
– Harro van Asselt, University of Eastern Finland Law School

Contributions to this timely volume cover some of the most remarkable and important international developments of market-based instruments for environmental policy. Highlights include analytical insights on recent state-level policy proposals in the USA, on innovative methods of linking emissions trading schemes with environmental taxation and on South Africa’s carbon tax proposal spanning one third of Africa’s emissions.'
– Mikael Skou Andersen, Aarhus University, Denmark

‘This excellent volume is yet another contribution to the leading series Critical Issues in Environmental Taxation, which year on year allows experts and policy makers alike to keep abreast of the progress made in developing and implementing tax schemes for environmental protection. Focussing on the impact of the Paris agreement, chapters provide a thorough, data based analysis, of what is being done, how it is working, and what challenges remain. The editors and authors alike should be commended for the output.’
– Javier de Cendra, IE Law School, Spain
Contributors: M. Alsina Pujols, B. Bahn-Walkowiak, P. Castro, M. Distelkamp, N. Droste, E. Fonseca Capdevila, C. Fruhmann, S. Giorgi, A. Großmann, M. Hasenheit, A. Illes, T. Kawakatsu, C. Kettner, M. Kettunen, D. Kletzan-Slamanig, N. Kreibich, L. Kreiser, V. Kulmer, A. Lerch, C. Lutz, M. Machingambi, M. Meyer, J.E. Milne, I. Ring, V. Rizos, S. Rudolph, R. Santos, S. Seebauer, H. Sprohge, L.-A. Steenkamp, C. Stroia, I. Taranic, P. ten Brink, A. Tuerk, S. Van Outryve d'Ydewalle, M. Villar Ezcurra, H. Wang-Helmreich, H. Wilts, S. Wolff, G. Woltjer, M. Zahno
Contents:

Part I Carbon taxes
1. Carbon Tax Choices: The Tale of Four States
Janet E. Milne

2. Carbon Taxation in EU Member States: Evidence from the Transport Sector
Claudia Kettner and Daniela Kletzan-Slamanig

3. The Effect of Carbon Taxes on Emissions and Carbon Leakage: Evidence from the European Union
Maria Alsina Pujols

4. To Incentivise or Penalise: An Analysis of the proposed Carbon Tax in South Africa
Lee-Ann Steenkamp

5. Is the use of Carbon Offsets in the South African Carbon Tax a Smart mix?
Memory Machingambi

6. Linking Carbon Tax Systems under the Paris Agreement: Potentials and Risks
Nicolas Kreibich and Hanna Wang-Helmreich

Part II Energy Subsidies and Support Schemes
7. Renewable Energy Deployment at the Interplay between Support Policies and Fossil Fuel Subsidies
Martina Zahno and Paula Castro

8. Considerations against Subsidies and Tax Incentives for Nuclear Energy
Hans Sprohge and Larry Kreiser

9. Economic Effects of reforming Energy Tax Exemptions for the Industry in Germany
Anett Großmann, Christian Lutz

10. Parafiscal Charges and Contributions to General Electricity Networks: a Legal Analysis of its Nature under the Scope of Directive 2003/96 and the EU State aids regime
Marta Villar Ezcurra and Enrique Fonseca Capdevila

Part III Policy Dynamics and Constraints
11. Why are Green Fiscal Policies such a small part of Green Economic Policies? Evidence from three European Countries
Geert Woltjer, Marius Hasenheit, Vasileios Rizos, Igor Taranic, Cristian Stroia

12. Conceptualising a Tax Policy mix for Resource Efficiency – Selected results from a three transition pathways approach
Bettina Bahn-Walkoviak, Henning Wilts, Mark Meyer and Martin Distelkamp

13. System Complexity as Key Determinant in achieving Efficacious Policy Transposition and Implementation
Claudia Fruhmann, Andreas Tuerk, Veronika Kulmer and Sebastian Seebauer

14. Developing the North American Carbon Market: Prospects for Sustainable Linking
Sven Rudolph, Takeshi Kawakatsu and Achim Lerch

15. Towards a ‘Third Dividend’ Analysis for Innovative Environmental Taxation Policies and Allocations: A Smart Instrument mix for the Reduction of CO2 emissions
Sixtine Van Outryve d’Ydewalle and Sébastien Wolff

Part IV In Search of Instruments in Other Policy Areas
16. Landscape and Taxation: the “minor” Instruments
Silvia Giorgi

17. Exploring the Policy Mix for Biodiversity Financing: Opportunities provided by Environmental Fiscal Instruments in the EU
Andrea Illes, Marianne Kettunen, Patrick ten Brink, Rui Santos, Nils Droste and Irene Ring

Index