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Fiscal Monitor, October 2019
			: How to Mitigate Climate Change

Fiscal Monitor, October 2019 : How to Mitigate Climate Change »

Series: Fiscal Monitor

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 October 2019

DOI: http://dx.doi.org/10.5089/9781498321228.089

ISBN: 9781498321228

Keywords: Public finance, Tax policy, Debt and growth, Fiscal policy, Low-income developing countries, Fiscal space, Tax reforms, Use taxes, Production, climate change; mitigation efforts; global warming; Paris Agreement; CO2; carbon dioxide; feebates; carbon taxes; carbon taxation; fossil fuel emissions; emissions; emission trading systems; complementary tax; green energy; energy efficiency; air pollution; environmental benefits; G20 countries; G20

This report emphasizes the environmental, fiscal, economic, and administrative case for using carbon taxes, or similar pricing schemes such as emission trading systems, to implement climate mitigation strategies. I...

Taxing Fossil Fuels under Speculative Storage1

Taxing Fossil Fuels under Speculative Storage1 »

Source: Taxing Fossil Fuels under Speculative Storage

Volume/Issue: 2014/228

Series: IMF Working Papers

Author(s): Semih Tumen , Deren Unalmis , Ibrahim Unalmis , and Filiz Unsal

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 December 2014

ISBN: 9781475573688

Keywords: Fossil fuel, speculative storage, DSGE, energy, fossil, fuel, renewable energy, Monetary Policy (Targets, Instruments, and Effects)

This paper investigates the mechanisms through which environmental taxes on fossil fuel usage can affect the main macroeconomic variables in the short-run. We concentrate on a particular mechanism: speculative stor...

Who's Going Green and Why? Trends and Determinants of Green Investment

Who's Going Green and Why? Trends and Determinants of Green Investment »

Source: Who's Going Green and Why? Trends and Determinants of Green Investment

Volume/Issue: 2011/296

Series: IMF Working Papers

Author(s): Luc Eyraud , Changchang Zhang , Abdoul Wane , and Benedict Clements

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2011

ISBN: 9781463927301

Keywords: crude oil, fossil fuel, renewable energy, carbon emissions, fossil fuels, Recreational Aspects of Natural Resources, Energy: General, Alternative Energy Sources, Renewable Resources And Conservation,

This paper fills a gap in the macroeconomic literature on renewable sources of energy. It offers a definition of green investment and analyzes the trends and determinants of this investment over the last decade for...

Energy Efficiency and Renewable Energy Supply for the G-7 Countries, with Emphasis on Germany

Energy Efficiency and Renewable Energy Supply for the G-7 Countries, with Emphasis on Germany »

Source: Energy Efficiency and Renewable Energy Supply for the G-7 Countries, with Emphasis on Germany

Volume/Issue: 2007/299

Series: IMF Working Papers

Author(s): Jon Strand

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2007

ISBN: 9781451868623

Keywords: Renewable energy, biofuels, energy efficiency, carbon emissions., renewables, carbon emissions, fossil fuels

This paper discusses structure, impact, costs, and efficiency of renewable energy supply in the eight largest advanced economies (the G-7 plus Spain), with focus on Germany. Renewables production costs are compared...

How Much Carbon Pricing is in Countries’ Own Interests? The Critical Role of Co-Benefits

How Much Carbon Pricing is in Countries’ Own Interests? The Critical Role of Co-Benefits »

Source: How Much Carbon Pricing is in Countries' Own Interests? The Critical Role of Co-Benefits

Volume/Issue: 2014/174

Series: IMF Working Papers

Author(s): Ian Parry , Chandara Veung , and Dirk Heine

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 September 2014

ISBN: 9781498358279

Keywords: carbon pricing, co-benefits, air pollution, fuel taxes, top twenty emitters, benefits, natural gas, fossil fuel, greenhouse gas, Government Policy

This paper calculates, for the top twenty emitting countries, how much pricing of carbon dioxide (CO2) emissions is in their own national interests due to domestic co-benefits (leaving aside the global climate bene...

Global Fossil Fuel Subsidies Remain Large: An Update Based on Country-Level Estimates

Global Fossil Fuel Subsidies Remain Large: An Update Based on Country-Level Estimates »

Source: Global Fossil Fuel Subsidies Remain Large: An Update Based on Country-Level Estimates

Volume/Issue: 2019/89

Series: IMF Working Papers

Author(s): David Coady , Ian Parry , Nghia-Piotr Le , and Baoping Shang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 May 2019

ISBN: 9781484393178

Keywords: Gasoline prices, Consumer subsidies, Sustainable development, Energy prices, Fossil fuels, energy subsidies, efficient taxation, revenue, environment, deadweight loss

This paper updates estimates of fossil fuel subsidies, defined as fuel consumption times the gap between existing and efficient prices (i.e., prices warranted by supply costs, environmental costs, and revenue consi...

Chapter 1. How to Mitigate Climate Changes

Chapter 1. How to Mitigate Climate Changes »

Source: Fiscal Monitor, October 2019 : How to Mitigate Climate Change

Series: Fiscal Monitor

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 October 2019

ISBN: 9781498321228

Keywords: Public finance, Tax policy, Debt and growth, Fiscal policy, Low-income developing countries, Fiscal space, Tax reforms, Use taxes, Production, climate change; mitigation efforts; global warming; Paris Agreement; CO2; carbon dioxide; feebates; carbon taxes; carbon taxation; fossil fuel emissions; emissions; emission trading systems; complementary tax; green energy; energy efficiency; air pollution; environmental benefits; G20 countries; G20

Introduction Without substantial mitigation of greenhouse gas emissions, global temperatures are projected to rise by around 4°C above preindustrial levels by 2100 (they have already...

Taxing Fossil Fuels under Speculative Storage

Taxing Fossil Fuels under Speculative Storage »

Volume/Issue: 2014/228

Series: IMF Working Papers

Author(s): Semih Tumen , Deren Unalmis , Ibrahim Unalmis , and Filiz Unsal

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 December 2014

DOI: http://dx.doi.org/10.5089/9781475573688.001

ISBN: 9781475573688

Keywords: Fossil fuel, speculative storage, DSGE, energy, fossil, fuel, renewable energy, Monetary Policy (Targets, Instruments, and Effects)

This paper investigates the mechanisms through which environmental taxes on fossil fuel usage can affect the main macroeconomic variables in the short-run. We concentrate on a particular mechanism: speculative stor...

Who's Going Green and Why? Trends and Determinants of Green Investment

Who's Going Green and Why? Trends and Determinants of Green Investment »

Volume/Issue: 2011/296

Series: IMF Working Papers

Author(s): Luc Eyraud , Changchang Zhang , Abdoul Wane , and Benedict Clements

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2011

DOI: http://dx.doi.org/10.5089/9781463927301.001

ISBN: 9781463927301

Keywords: crude oil, fossil fuel, renewable energy, carbon emissions, fossil fuels, Recreational Aspects of Natural Resources, Energy: General, Alternative Energy Sources, Renewable Resources And Conservation,

This paper fills a gap in the macroeconomic literature on renewable sources of energy. It offers a definition of green investment and analyzes the trends and determinants of this investment over the last decade for...

Energy Efficiency and Renewable Energy Supply for the G-7 Countries, with Emphasis on Germany

Energy Efficiency and Renewable Energy Supply for the G-7 Countries, with Emphasis on Germany »

Volume/Issue: 2007/299

Series: IMF Working Papers

Author(s): Jon Strand

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2007

DOI: http://dx.doi.org/10.5089/9781451868623.001

ISBN: 9781451868623

Keywords: Renewable energy, biofuels, energy efficiency, carbon emissions., renewables, carbon emissions, fossil fuels

This paper discusses structure, impact, costs, and efficiency of renewable energy supply in the eight largest advanced economies (the G-7 plus Spain), with focus on Germany. Renewables production costs are compared...