Energy Tax and Regulatory Policy in Europe: Reform Priorities

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Ian Parry (International Monetary Fund) Cameron Hepburn (Professor of Environmental Economics and Professorial Research Fellow, University of Oxford and London School of Economics)

Energy Tax and Regulatory Policy in Europe

Reform Priorities

Ian Parry (International Monetary Fund), Cameron Hepburn (Professor of Environmental Economics and Professorial Research Fellow, University of Oxford and London School of Economics), Alexander Teytelboym (Associate Professor, University of Oxford) , Polona Gregorin (European Commission)

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English

MIT Press
11 August 2017

EU & European institutions; Environmental economics; Political economy; Taxation

Series: CESifo Seminar Series

Concise introductions to the main issues in energy policy and their interaction with environmental policies in the EU.

The European Union (EU) faces critical challenges in energy policy making, the most pressing of which are how to achieve the deep greenhouse gas reductions promised at the December 2015 UN Conference of the Parties in Paris, and how this effort can be coordinated with already existing policies. Energy policy is primarily a member state responsibility, and policy makers need an overarching view of the main issues in energy policy and their interaction with environmental policies. This volume aims to fill this need, offering concise introductions to some of the major issues as well as practical suggestions for policy making.

The contributors discuss reforms to the EU Emissions Trading System (ETS), the world's largest carbon market; ways to improve the operation and integration of the EU's power grids, in terms of both supply and demand; changes to the EU's Energy Tax Directive, which sets tax floors for fuels outside the ETS; the coordination of climate policies with policies to promote renewables and energy efficiency; research into clean technology; challenges to shale gas development; and transportation policy and the need for action on such externalities as traffic congestion. Finally, contributors consider obstacles to reform, including its potential effects on vulnerable households and energy-intensive industries.

Contributors Mikael Skou Andersen, Niels Anger, Bruno De Borger, Antoine Dechezlepratre, Jos Delbeke, Ottmar Edenhofer, Christian Flachsland, Beatriz Gaitan, Polona Gregorin, Cameron Hepburn, Alan Krupnick, Andreas L schel, Claudio Marcantonini, Felix Christian Matthes, Paul Nahmmacher, Ian Parry, Karen Pittel, David Popp, Stef Proost, Christina Roolfs, Bert Saveyn, Oliver Schenker, Stephen Smith, Alexander Teytelboym, Kurt Van Dender, Herman Vollebergh, Nils-Henrik M. von der Fehr, Zhongmin Wang, Georg Zachmann

Contributions by: Cameron Hepburn (Professor of Environmental Economics and Professorial Research Fellow University of Oxford and London School of Economics), Alexander Teytelboym (Associate Professor, University of Oxford), Polona Gregorin (European Commission)
Edited by: Ian Parry (International Monetary Fund), Karen Pittel (Ifo Institute)
Imprint: MIT Press
Country of Publication: United States
Dimensions: Height: 229mm, Width: 152mm, Spine: 33mm
ISBN: 9780262036399
ISBN 10: 0262036398
Series: CESifo Seminar Series
Pages: 408
Publication Date: 11 August 2017
Recommended Age: From 18 years
Audience: Professional and scholarly , Undergraduate
Format: Hardback
Publisher's Status: Active

Ian Parry is Principal Environmental Fiscal Policy Expert in the IMF's Fiscal Affairs Department. Karen Pittel is Director of the Ifo Center for Energy, Climate, and Exhaustible Resources and Professor of Economics at Munich University. Herman Vollebergh is Senior Research Fellow at PBL Netherlands Environmental Assessment Agency and Professor in Economics and Environmental Policy at Tilburg University. Ian Parry is Principal Environmental Fiscal Policy Expert in the IMF's Fiscal Affairs Department. Herman Vollebergh is Senior Research Fellow at PBL Netherlands Environmental Assessment Agency and Professor in Economics and Environmental Policy at Tilburg University.