green taxes News
-
Green taxes can boost the economy
Green taxes could boost economic growth and reduce the ‘cash-in-hand’ untaxed shadow economy, according to new research. The study modelled green taxes’ effects on Spain’s economy and suggests the revenue from these taxes would increase economic activity and employment if it was used to reduce income tax. Environmental taxes, such as carbon taxes on fossil fuels or waste ...
-
Environmental damage and energy tax reform: the Dutch challenge
The ‘green result’ of the Dutch energy tax system could be significantly improved by better aligning the tax structure with overall environmental damage costs. For some energy products, such as natural gas and electricity for households, tax rates in the Netherlands are higher than the cost of the environmental damage they cause (the so called Pigovian rate). Conversely, tax rates ...
-
The life and death of Dutch groundwater tax
We examine the Dutch national groundwater tax (GWT) – a ‘win–win, green’ tax that promised to reduce distortions by simultaneously reducing the income tax burden and improving environmental outcomes. We find no evidence of these impacts. Instead, we see that the GWT increased distortions by taxing a narrow base (a few drinking-water companies reliant on raw groundwater) ...
-
Consumption patterns need to change to cope with growing cities
Urban areas are spreading, minimising the time and distances between and in-and-out of cities. The International Planning Congress in Dalian, China, addressed this ‘urban sprawl’ and sought ways to achieve sustainable urbanisation. The European Environment Agency contributed to this debate by urging policy makers to tackle underpinning consumption patterns. Urban sprawl is not driven principally ...
-
Sustainable entrepreneurship
As Britain attempts to reduce the role of the public sector in the economy, the recently announced 1 billiion pound green tax that increases the cost of managing business un-sustainably while the country grapples with the uncertainty of an upturn or a double dip recession, the role of the sustainable entrepreneur or sustainable enterprise becomes even more cardinal. In response to this, These ...
-
Tories plan to pay people to recycle
A Conservative Government will use the RecycleBank scheme to incentivise people to recycle rather than “punish” them with bin taxes, according to Shadow Chancellor George Osborne. Speaking at Imperial College in London (24 November), Osborne said that using “green taxes in a clever way” will help councils cut household bills. The American-based rewards scheme was launched in the Tory-run Royal ...
-
GreenRemediation Cluster Meeting
Green Remediation Cluster Meeting 2014 by ECOSURVEY@Remtech 2014 Ferrara Italy. Environmental impact of a remediation: characterization, design, construction, monitoring. How to effectively measure and calculate the environmental impact of remediation? What financial support is available for green remediation? What tax benefits are available in Europe for green remediation? The ...
By ECOSURVEY®
-
Autumn Statement 2013 CRC And CCLA Update
Climate Change Agreements: Data Centres The Chancellor George Osborne has granted a concession to Britain’s data centre industry by allowing it to step outside other green taxes and form its own agreement to reduce emissions, while still remaining competitive against the industry in other nations. The government intends to introduce a climate change agreement for the data centres sector ...
-
Expert calls for EU-wide CO2 taxation
The EU needs a carbon tax alongside its emission trading scheme to help deliver the strong price signal required to achieve the 20 per cent greenhouse gas reduction target agreed for 2020, a conference of experts in environmental taxation was told in Brussels last week. Academic Paul Ekins of the UK-based Policy studies institute said problems implementing the trading scheme (ETS) had bolstered ...
-
Product information can promote sustainable food consumption
Providing information to consumers on the environmental and social impacts of their food purchases could help change their consumption choices, research from Norway suggests. In a psychological study, researchers noted an increase in the number of organic and fair trade products bought per week when participating consumers were informed of the products’ benefits for the environment and the ...
-
Budget promotes green homes and cars
Gordon Brown's 2007 Budget, widely heralded as green long before its publication on Tuesday, focused on energy efficient homes and cars but critics said it failed to seriously take on climate change. The chancellor chose to tackle building emissions with tax breaks on zero-carbon homes Demonstrating his 'carrots and sticks' approach to environmental policy the Chancellor announced a series of ...
-
OECD says Luxembourg should do more to clean up its environment
As Luxembourg plans for economic recovery, it would be a mistake to sideline the environment, said the OECD Secretary-General Angel Gurría. “I would rather argue that in responding to the crisis, environment should be part of a comprehensive strategy to relaunch economic growth and to restructure the economy.” (Read the full speech). The wealthiest country in the OECD, Luxembourg produces more ...
-
Ecotech Pty Ltd, global leaders in environmental monitoring, address the worsening global problem of nitrogen dioxide pollution by releasing a game changing advancement of technology.
At ARABLAB – the international show for tomorrow’s technology – Ecotech presented the Serinus 60, the direct nitrogen dioxide (NO2) analyser. Head of Ecotech’s Research and Development, Grant Kassell, explained, “The Cavity Attenuated Phase Shift (CAPS) technology is a game changer. CAPS allows direct measurement of NO2, rather than the current practise of indirect ...
-
Green party launch manifesto
The Green party would “make it easy to do the right thing” by doubling current investment in recycling and waste disposal and opposing incineration if elected. An extra £3 billion per annum would be directed to waste management under a Green government, which they claim would create 60,000 new jobs. “We have to recognise that sophisticated waste management costs more than burying it in the ...
-
Call for a more ambitious global alliance against climate change
The global alliance aimed at helping developing countries to fight climate change should receive at least 25% of the revenue of the EU Emissions Trading Scheme, according to the EP Development Committee. In a report adopted on Monday, MEPs also question the sustainability criteria of biofuels. The Global Climate Change Alliance proposed by the European Commission is intended to help the LDCs ...
-
Greenhouse gas emissions to grow over 50% by 2050 if no new policies introduced - OECD
Solutions to the key environmental challenges are available, achievable and affordable, especially when compared to the expected economic growth and the costs and consequences of inaction, OECD Secretary General Angel Gurria said at the worldwide launch of the 2008 OECD Environmental Outlook in Oslo, hosted by Norway's Prime Minister, Jens Stoltenberg. 'The Outlook is an impressive body of work. ...
-
New green VAT system proposed to encourage sustainable consumption and production
A new economic tool designed to encourage sustainable production and consumption has been proposed in a recent study. To ensure that the environmental impact of products is reflected in their cost, the authors of the research recommend a system of green value added tax (VAT) based on life cycle assessment (LCA). The importance of decoupling environmental degradation from economic growth is ...
-
Australia repeals controversial carbon tax
Australia's government repealed a much-maligned carbon tax on the nation's worst greenhouse gas polluterson Thursday, ending years of contention over a measure that became political poison for the lawmakers who imposed it. The Senate voted 39 to 32 to axe the 24.15 Australian dollar ($22.60) tax per metric ton of carbon dioxide that was introduced by the center-left Labor government in July ...
-
First of its kind law gives bid advantages to sustainable small business
The City of Cleveland has enacted the first law in the U.S. providing advantages for sustainable companies bidding on City contracts. Cleveland's 'buy local and sustainable law' puts sustainable companies' bid advantages on par with those given to minority (MBE) and female business enterprises (FBE). Certified MBEs and FBEs can add Cleveland's local and sustainable bid advantage to their existing ...
-
Netherlands tops EU ranking of lowest CO₂ emissions from new cars – Germany and Poland the laggards
Green Car Tax rating highlights EU countries with the most and least supportive tax arrangements to encourage low-carbon, fuel efficient cars Initial registration taxes (purchase taxes) and company car taxes that are steeply differentiated by CO₂ boost the purchase of lower-emissions cars in the Netherlands, Denmark and France Germany, Poland, Czech Republic, Sweden, Finland and Austria ...
Need help finding the right suppliers? Try XPRT Sourcing. Let the XPRTs do the work for you