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Fiscal Policy Options to Accelerate Emissions Reductions in
Nate Vernon
其他書名
Belgium
出版International Monetary Fund, 2023-03-02
主題Business & Economics / Investments & Securities / Commodities / EnergyBusiness & Economics / Money & Monetary PolicyBusiness & Economics / Taxation / GeneralBusiness & Economics / International / Economics & TradeBusiness & Economics / Industries / EnergyBusiness & Economics / Environmental EconomicsNature / Environmental Conservation & Protection
ISBN9798400235795
URLhttp://books.google.com.hk/books?id=epiyEAAAQBAJ&hl=&source=gbs_api
EBookSAMPLE
註釋Belgium’s current policies fall short of achieving its climate targets and promoting emissions reductions at limited economic costs. We recommend that domestic carbon pricing form the centerpiece of an emissions reduction package, as pricing promotes mitigation at the lowest economic cost, can be phased in as international energy prices fall, and generates revenue to compensate vulnerable households and reduce taxes on productive activities. Sectoral policies, such as subsidy-tax schemes to promote low emissions vehicles, should reinforce carbon pricing and regional efforts, while the social protection system can be made more efficient and environmentally friendly by switching from energy subsidies to income-based support. Belgium should also promote dialogue at the EU-level to harmonize ETS prices and include all sectors under a single trading scheme.