Towards more environmental taxes ?
K. Van Cauter and
L. Van Meensel
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K. Van Cauter: National Bank of Belgium, Research Department
L. Van Meensel: National Bank of Belgium, Research Department
Economic Review, 2009, issue iii, 75-92
Abstract:
The article provides an overview of the use and relevance of environmental taxes in Belgium as well as in Europe. It first of all looks into the implications of opting for environmental taxation compared to more conventional environmental policy instruments. According to the analysis, no increase in proceeds from environmental taxes over the last decade can be found either in Belgium or the EU taken as a whole. The declining trend in the importance of environmental taxes is mainly a result of the decreasing energy intensity of the economy. However, use is being made of a gradually expanding range of environmental taxes on different products. In the article, attention is also paid to the Kyoto Protocol and the emissions trading scheme in the EU. 112 Looking ahead to the future, more work on green taxation should be recommended in order to meet environmental objectives, partly because of budgetary austerity and the “polluter-pays” principle and certainly in view of the greenhouse gas emission reduction commitments that have been entered into.
Keywords: environmental taxes; Kyoto Protocol; environmental policy; Belgium (search for similar items in EconPapers)
JEL-codes: H39 Q58 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:nbb:ecrart:y:2009:m:september:i:iii:p:75-92
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