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Books > Earth & environment > The environment > Environmental economics
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Environmental Tax Reform (ETR) - A Policy for Green Growth (Hardcover)
Loot Price: R4,343
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Environmental Tax Reform (ETR) - A Policy for Green Growth (Hardcover)
Series: Creating Sustainable Growth in Europe
Expected to ship within 10 - 15 working days
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Many people have serious concerns about the environment and wonder
whether solving environmental problems is compatible with
continuing economic growth. This book provides an in-depth
exploration of a proposed reform to the national tax system,
whereby the burden of taxes is shifted from conventional taxes,
such as those levied on labour and capital, to taxes on
environmentally related activities, that involve resource use,
particularly energy, or environmental pollution. There is some
experience of such 'environmental tax reform' (ETR) in Europe, and
the book briefly reviews this before considering how a more
ambitious ETR in Europe could substantially reduce greenhouse gas
emissions and material flows through the economy, while stimulating
innovation and investment in the key 'clean and green' sectors of
the economy which seem likely to play an increasing part in the
creation of prosperity in Europe and elsewhere in the future.
Case studies of renewable energy, construction, fuel-efficient
vehicles, and waste management in Germany show how these
fast-growing sectors are making an increasing contribution to
employment, output, and exports in the German economy, while
improving the environment. The book explores the implications of
introducing it on a much wider scale throughout the European Union.
A unique modelling exercise, using two macroeconomic models,
delivers varied and complementary insights into the economic and
environmental results of a large-scale ETR in Europe, and its
effects on and implications for the rest of the world. The
modelling suggests that such a policy has a key role in the
achievement of Europe's targets to reduce its greenhouse gas
emissions, and, if implemented with cooperative policy in other
countries, could significantly reduce global emissions.
The book is essential and hopeful reading for anyone who has
wondered how, with today's intensifying environmental challenges,
economic growth could become more environmentally sustainable.
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