Environmental Taxation in the Pandemic Era – Opportunities and Challenges

Description

At a time when climate change and the Covid-19 pandemic pose a global existential threat, this timely and important book explores how policy responses to a pandemic create both opportunities and challenges for the increased use of environmental pricing instruments, such as carbon taxes, and tradable permit schemes, and targeted green fiscal incentives. The chapters provide an important foundation of knowledge and analysis about how a pandemic affects environmental tax policy. They identify lessons from policy makers’ responses to the management of the pandemic and implications for addressing the threat of climate change and other environmental challenges. They highlight the need for environmental pricing instruments in the mix of policy instruments even in the wake of a pandemic. They present theory and empirical analysis, and they feature a number of country-specific case studies, including the experience of developing countries. This book takes readers into the important and unprecedented circumstances of our time where pandemic policy meets environmental policy for the short and long terms. It will be of great interest to researchers, students and scholars in environmental policy, tax and law, as well as the industry sector, policy makers and government officials. Front Matter Copyright Contents Editorial review board Contributors Foreword: fake twins PART I Carbon tax theory in the pandemic era 1. A post-crisis assessment of carbon taxation for members of the Coalition of Finance Ministers for Climate Action 2. Setting a price for carbon to achieve carbon neutrality in the European Union 3. The Green New Dividend: a cost neutral market-based alternative to the Green New Deal PART II COVID-19 and EU-wide tax policies 4. 100 years of externalities 5. Promoting a green economic recovery from the Corona crisis 6. Reconciling EU tax and environmental policies: VAT as a vehicle to boost green consumerism under the EU Green Deal PART III Carbon pricing in Latin America in the pandemic era 7. Carbon pricing in Perú: a matter of climate justice in the Covid-19 context 8. The Carbon Tax in Argentina is sick with COVID-19 9. Public finance, taxation, and environment post-Covid-19: perspectives for Brazil 10. Tax incentives for electric vehicles and biofuels: a Brazilian case study PART IV European national case studies 11. Environmental taxation in an age of COVID-19: an Italian approach 12. COVID-19 and urban mobility: has the time come for a paradigmatic shift? The potential of environmental tax policies in the pandemic age PART V Environmental support schemes in the midst of the pandemic 13. A taxonomy of environmentally sustainable activities to orient Covid-19 tax measures to environmental objectives 14. Assessing public aid for true green digital recovery: a matter of good tax governance in the European Union 15. The purposefulness and serviceability of renewable energy support schemes in view of the COVID-19 crisis PART VI Lessons for allowance trading 16. Covid-19 and EU climate change linking 17. Enforcing sustainable auction-based ETS in a post-COVID-19 world: evidence from and lessons for Northeast Asia Index