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The Netherlands has ambitious greenhouse gas emission reduction targets for the future - to cut them by 49 percent below 1990 levels by 2030 and 95 percent by 2050. These targets and the likely new EU-wide targets under the recent EU Green Deal entail a rapid acceleration in decarbonization....
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political acceptability, and do not worsen, or could help alleviate, budgetary pressures. Domestically, a fiscal policy package …
Persistent link: https://www.econbiz.de/10012518755
Finland has pledged to cut net greenhouse gas emissions to zero by 2035 and has sectoral targets for deploying electric vehicles, phasing out coal generation, and oil-based space heating. Fiscal policies at the national and sectoral level could play a critical role in achieving these objectives....
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ambitious objectives with the current policy framework will be challenging as it involves multiple and overlapping pricing …
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The run up to the 26th Climate Change Conference has brought tackling climate change to the fore of global policy … making. In this context, the U.S. administration has recently unveiled new climate targets. This paper elaborates on the … administration's plans and uses two models developed at the IMF to illustrate key macro-climate trade-offs. First, a model with …
Persistent link: https://www.econbiz.de/10012795050
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The carbon tax is a major instrument for curbing greenhouse gas emissions that cause global warming. Yet its adoption has been limited because of concerns over its effects on economic growth, income distribution, and international competitiveness. The paper shows that policymakers can minimize...
Persistent link: https://www.econbiz.de/10014403416