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Getting Energy Prices Right
			: From Principle to Practice

Getting Energy Prices Right : From Principle to Practice »

Series: Books

Author(s): Ian Parry , Dirk Heine , Eliza Lis , and Shanjun Li

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2014

DOI: http://dx.doi.org/10.5089/9781484388570.071

ISBN: 9781484388570

Keywords: air pollution, fuel efficiency, natural gas, carbon dioxide, coal

Energy taxes can produce substantial environmental and revenue benefits and are an important component of countries' fiscal systems. Although the principle that these taxes should reflect global warming, air pollut...

Chapter 1. Summary for Policymakers

Chapter 1. Summary for Policymakers »

Source: Getting Energy Prices Right : From Principle to Practice

Series: Books

Author(s): Ian Parry , Dirk Heine , Eliza Lis , and Shanjun Li

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2014

ISBN: 9781484388570

Keywords: air pollution, fuel efficiency, natural gas, carbon dioxide, coal

Many energy prices in many countries are wrong. They are set at levels that do not reflect environmental damage, notably global warming, air pollution, and various side effects of m...

Chapter 2. Energy Systems, Environmental Problems, and Current Fiscal Policy: A Quick Look

Chapter 2. Energy Systems, Environmental Problems, and Current Fiscal Policy: A Quick Look »

Source: Getting Energy Prices Right : From Principle to Practice

Series: Books

Author(s): Ian Parry , Dirk Heine , Eliza Lis , and Shanjun Li

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2014

ISBN: 9781484388570

Keywords: air pollution, fuel efficiency, natural gas, carbon dioxide, coal

Fossil fuels are used pervasively to generate electricity, power transportation vehicles, and provide heat for buildings and manufacturing processes. Fuel combustion produces carbon...

Chapter 3. Rationale for and Design of Fiscal Policy to “Get Energy Prices Right”

Chapter 3. Rationale for and Design of Fiscal Policy to “Get Energy Prices Right” »

Source: Getting Energy Prices Right : From Principle to Practice

Series: Books

Author(s): Ian Parry , Dirk Heine , Eliza Lis , and Shanjun Li

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2014

ISBN: 9781484388570

Keywords: air pollution, fuel efficiency, natural gas, carbon dioxide, coal

The first part of this chapter discusses why environmental taxes or the equivalent emissions trading systems (ETSs) should be front and center in getting energy prices right, though...

Chapter 4. Measuring Pollution Damage from Fuel Use

Chapter 4. Measuring Pollution Damage from Fuel Use »

Source: Getting Energy Prices Right : From Principle to Practice

Series: Books

Author(s): Ian Parry , Dirk Heine , Eliza Lis , and Shanjun Li

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2014

ISBN: 9781484388570

Keywords: air pollution, fuel efficiency, natural gas, carbon dioxide, coal

This chapter begins with a brief review of the literature on valuing climate change damage from carbon dioxide (CO2) emissions. The heart of the chapter is about measuring damage fr...

Chapter 5. Measuring Nonpollution Externalities from Motor Vehicles

Chapter 5. Measuring Nonpollution Externalities from Motor Vehicles »

Source: Getting Energy Prices Right : From Principle to Practice

Series: Books

Author(s): Ian Parry , Dirk Heine , Eliza Lis , and Shanjun Li

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2014

ISBN: 9781484388570

Keywords: air pollution, fuel efficiency, natural gas, carbon dioxide, coal

This chapter consists of three sections focused on the three major, non-pollution-related externalities from motor vehicles: traffic congestion, traffic accidents, and (to a much le...

Chapter 6. The Right Energy Taxes and Their Impacts

Chapter 6. The Right Energy Taxes and Their Impacts »

Source: Getting Energy Prices Right : From Principle to Practice

Series: Books

Author(s): Ian Parry , Dirk Heine , Eliza Lis , and Shanjun Li

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2014

ISBN: 9781484388570

Keywords: air pollution, fuel efficiency, natural gas, carbon dioxide, coal

This chapter summarizes the corrective tax estimates for coal, natural gas, and motor fuels based on the assumptions discussed in previous chapters, both for selected countries and,...

Chapter 7. Concluding Thoughts

Chapter 7. Concluding Thoughts »

Source: Getting Energy Prices Right : From Principle to Practice

Series: Books

Author(s): Ian Parry , Dirk Heine , Eliza Lis , and Shanjun Li

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2014

ISBN: 9781484388570

Keywords: air pollution, fuel efficiency, natural gas, carbon dioxide, coal

Encouraging environmentally sustainable growth is a problem faced by all countries. The beauty of fiscal instruments such as environmental taxes or tax-like instruments is that (albeit with some important ca...

Back Matter

Back Matter »

Source: Getting Energy Prices Right : From Principle to Practice

Series: Books

Author(s): Ian Parry , Dirk Heine , Eliza Lis , and Shanjun Li

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2014

ISBN: 9781484388570

Keywords: air pollution, fuel efficiency, natural gas, carbon dioxide, coal

Energy taxes can produce substantial environmental and revenue benefits and are an important component of countries' fiscal systems. Although the principle that these taxes should reflect global warming, air pollut...

Front Matter

Front Matter »

Source: Getting Energy Prices Right : From Principle to Practice

Series: Books

Author(s): Ian Parry , Dirk Heine , Eliza Lis , and Shanjun Li

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2014

ISBN: 9781484388570

Keywords: air pollution, fuel efficiency, natural gas, carbon dioxide, coal

Energy taxes can produce substantial environmental and revenue benefits and are an important component of countries' fiscal systems. Although the principle that these taxes should reflect global warming, air pollut...