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This paper discusses the main external costs related to road transport and the design of taxes to manage them. It provides an overview of evolving tax practice in the European Union and the United States and identifies opportunities for better alignment of transport taxes with external costs....
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China’s exceptional economic expansion has led to rising energy demand and pollution as well as other environmental … pressures. Strong efforts by the government have moderated emissions of some types of air and water pollution from high levels … other costs and reduce well-being. The 12th Five Year Plan aims at further reducing pollution and at other environmental …
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