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Fiscal aspects of the Energy Transition

Economic and Financial Affairs
Date: Tuesday, 17 October 2017 11:30

Venue: Bruegel  |  City: Saint-Josse-ten-Noode, Belgium

The volume and type of energy we consume strongly reacts to the price of different forms of energy (e.g., gasoline, heating oil, electricity, …). Those prices are affected by a number of fiscal instruments on the consumer side (e.g., fuel and electricity taxes) and the producer side (emission permits but also subsidies). Hence fiscal policies are an important driver for energy consumption and production patterns, which vary widely in the EU. There is some concern that the legacy fiscal system is incompatible with certain aspects of the energy transition. For example, high taxes on electricity might hinder electrification – which is conceived as a main route to heating and transport decarbonisation. At the same time, fiscal policies and other policies (e.g., deployment or emission standards) interact.

So there is a question on the effectiveness of the resulting policy mix. Based on a new book edited by I.Parry (IMF), K. Pittel (ifo), and H.Vollebergh (PBL) we would like to discuss how fiscal instruments can be adjusted to better accommodate the energy transition.

This event will be livestreamed on this webpage at 12:00 CET. There is no need to register for the livestream

REGISTER

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Address
Rue de la Charité 33
1210 Saint-Josse-ten-Noode, Belgium

 

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  • Tuesday, 17 October 2017 11:30

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