The reform of the European Energy Tax Directive: does data disaggregation matter? The Italian case Abstract: In 2011, the European Commission (EC) proposed a new version of the Energy Taxation Directive (ETD), a tax affecting the price of energy products. The main aim was to increase the effectiveness of the instrument through stronger fiscal pressure and to coordinate the environmental taxation with the Emissions Trade System (ETS) introduced in 2005. However, in May 2012 the European Parliament did not approve the reform. Italy, already characterized by high energy taxation rates, has recently expressed a commitment to increase the use of environmental taxation by explicitly referring to the amendments proposed by the EC in 2011. This study analyzes the effect of the 2011 ETD reform on prices in Italy, if it were implemented. The main finding is that the new tax regime would have a low impact on prices. This result implies that the reform would not significantly orient consumption and production towards more environmentally-friendly patterns

Rocchi, Paola; Serrano, Mònica

The reform of the European Energy Tax Directive: does data disaggregation matter? The Italian case Abstract: In 2011, the European Commission (EC) proposed a new version of the Energy Taxation Directive (ETD), a tax affecting the price of energy products. The main aim was to increase the effectiveness of the instrument through stronger fiscal pressure and to coordinate the environmental taxation with the Emissions Trade System (ETS) introduced in 2005. However, in May 2012 the European Parliament did not approve the reform. Italy, already characterized by high energy taxation rates, has recently expressed a commitment to increase the use of environmental taxation by explicitly referring to the amendments proposed by the EC in 2011. This study analyzes the effect of the 2011 ETD reform on prices in Italy, if it were implemented. The main finding is that the new tax regime would have a low impact on prices. This result implies that the reform would not significantly orient consumption and production towards more environmentally-friendly patterns

Paola Rocchi () and Mònica Serrano ()
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Paola Rocchi: Universitat de Barcelona

No 2015/330, UB School of Economics Working Papers from University of Barcelona School of Economics

Keywords: Energy Tax; Price Impact; European Union; Italy; Green House Gases Emissions. (search for similar items in EconPapers)
JEL-codes: C67 D57 H23 Q48 Q53 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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