Mechanisms for Tax Regulation of CO 2 -Equivalent Emissions

Alex Borodin (), Vladislav Zaitsev, Zahid F. Mamedov, Galina Panaedova and Andrey Kulikov
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Alex Borodin: Department of Sustainable Development Finance, Plekhanov Russian University of Economics, 117997 Moscow, Russia
Vladislav Zaitsev: Department of Sustainable Development Finance, Plekhanov Russian University of Economics, 117997 Moscow, Russia
Zahid F. Mamedov: Department for Organization and Management of Scientific Activities, Azerbaijan State University of Economics, 1001 Baku, Azerbaijan
Galina Panaedova: Department of Tax Policy and Customs Affairs, North-Caucasus Federal University, 355017 Stavropol, Russia
Andrey Kulikov: Department of Organization of Medical Provision and Pharmacoeconomics, I.M. Sechenov First Moscow State Medical University (Sechenov University), 119991 Moscow, Russia

Energies, 2022, vol. 15, issue 19, 1-15

Abstract: The aim of the work is to develop a mechanism for cross-border carbon regulation for countries importing products to the EU, which will equally allow importing countries to fulfill the conditions of the Carbon Border Adjustment Mechanism (CBAM), encourage manufacturers to reduce CO 2 emissions, and also provide importing countries with opportunities to replenish their budget by introducing paid emission quotas greenhouse gases. The work makes a significant contribution to stimulating the reduction of CO 2 emissions by producers due to the proposed tax mechanism and preventing the leakage of greenhouse gases on the territory of third countries according to the CBAM policy. The EU evaluates double taxation, so if a carbon tax has been withdrawn in the territory of the exporting country, then such a tax will not be levied again in the EU. All this involves stimulating exporting countries by creating their own taxation systems, which will have international qualifications and be recognized by countries around the world. When choosing a taxation mechanism, it is important to choose the specifics for visiting group gases. The study was conducted on the basis of methods of comparison, modeling, analysis and deduction.

Keywords: green economy; greenhouse gases; cross-border carbon regulation; investments; taxes (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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