The financial means embedded in subsidies for unsustainable systems
of production and consumption are increasingly well studied and
reported. This has led to policy recommendations (e.g. OECD, EU) on
how to reform subsidy systems in support of the necessary
transitions to a low carbon and ecosystem resilient society based
on a strong resource efficient economy. The authors in this book
contribute to the debate based on recent, high quality and policy
relevant research. It is a timely contribution to a pressing
financial issue in environmental policy.' - Hans Bruyninckx ,
Executive Director of the European Environment Agency'EU countries
increasingly receive recommendations through the European Semester
and OECD Environmental Performance Reviews to assess and
progressively phase out environmentally harmful subsidies. It is
not only a matter of avoiding damage to the environment, it is also
a question of transparency, equity, and of eliminating unjustified
privileges. Subsidy reform can help reduce public deficits, restore
fair market conditions and eliminate distortions in competition.
This book is a precious tool for Governments and experts.' - Aldo
Ravazzi Douvan, Italian Ministry of Environment, Professor of
Sustainable Development at University Roma Luiss 'Tax spending and
public subsidies harmful to the environment have attracted high
level attention at the Rio and Johannesburg Sustainable Development
Conferences, in the context of the Kyoto Protocol and of the
Convention on Biological Diversity, in OECD and EU recommendations,
and are now firmly on the public agenda. They are often also poorly
designed, do not reach their goals, are costly, not transparent and
can be inefficient. With the present public budget crises in many
countries, rarely has the timing been more favorable to lower such
harmful support. The book is thus timely and shows through concrete
examples that the reform of harmful public subsidies is possible.'
- Guillaume Sainteny, Associate Professor, Ecole Polytechnique,
Paris, France Pledges to reform environmentally harmful subsidies
(EHS) have increased over the past few years, at both global and
national levels. Paying the Polluter addresses the most important
issues to be considered when embarking upon these necessary
reforms. In this unique work, leading experts explore the
definition of EHS, how they can be identified and measured and
assess their impacts and the potential benefits of reform. Barriers
and opportunities for EHS reform are elaborated with examples of
successes and failures. A practical subsidy reform tool is also
presented, giving guidance to help develop transparent inventories
of subsidies and road maps for future development. Demonstrating
how subsidy reform may contribute to a better environment, support
fiscal reform and address social and economic objectives, this
authoritative book will appeal to policy makers and their advisors
all over the world. It will also be a useful sourcebook for
academics interested in concrete applications of environmental
economics. Finally it should prove a rich and informative read for
anyone looking for facts and arguments supporting green budget
reforms. Contributors: K. Bachus, A. Bruvoll, J. Cottrell, L.
Franckx, B. Kretschmer, M. Lehmann, I. Mayeres, L. Mazza, S.
Newman, F. Oosterhuis, J. Pieters, D. Russi, J. Sauvage, R.
Steenblik, P. ten Brink, K. Umpfenbach, C. van Beers, J.C.J.M. van
den Bergh, H. Vennemo, A. von Moltke, S. Withana
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