It is believed that carbon dioxide emissions into the atmosphere are mainly regulated by 'direct' economic instruments - the carbon tax and the Emissions Trading System (ETS). However, a comparative analysis has shown that 'indirect' instruments, such as excise taxes on motor fuel and other energy taxes, did not yield any lesser impact than their 'direct' counterparts, and, over time, were even more effective. This is the conclusion drawn by HSE researcher Ilya Stepanov in his article, 'Taxes in the Energy Sector and Their Role in Reducing Greenhouse Gas Emissions'.

Attachments

  • Original document
  • Permalink

Disclaimer

Higher School of Economics published this content on 23 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 January 2020 16:18:06 UTC