Tax policy in the energy sector. International financial aspects of the energy problem - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Tax policy in the energy sector. International financial aspects of the energy problem write by United States. Congress. House. Committee on Ways and Means. This book was released on 1975. Tax policy in the energy sector. International financial aspects of the energy problem available in PDF, EPUB and Kindle.
Still Not Getting Energy Prices Right: A Global and Country Update of Fossil Fuel Subsidies
Still Not Getting Energy Prices Right: A Global and Country Update of Fossil Fuel Subsidies - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Still Not Getting Energy Prices Right: A Global and Country Update of Fossil Fuel Subsidies write by Ian Parry. This book was released on 2021-09-24. Still Not Getting Energy Prices Right: A Global and Country Update of Fossil Fuel Subsidies available in PDF, EPUB and Kindle. This paper provides a comprehensive global, regional, and country-level update of: (i) efficient fossil fuel prices to reflect their full private and social costs; and (ii) subsidies implied by mispricing fuels. The methodology improves over previous IMF analyses through more sophisticated estimation of costs and impacts of reform. Globally, fossil fuel subsidies were $5.9 trillion in 2020 or about 6.8 percent of GDP, and are expected to rise to 7.4 percent of GDP in 2025. Just 8 percent of the 2020 subsidy reflects undercharging for supply costs (explicit subsidies) and 92 percent for undercharging for environmental costs and foregone consumption taxes (implicit subsidies). Efficient fuel pricing in 2025 would reduce global carbon dioxide emissions 36 percent below baseline levels, which is in line with keeping global warming to 1.5 degrees, while raising revenues worth 3.8 percent of global GDP and preventing 0.9 million local air pollution deaths. Accompanying spreadsheets provide detailed results for 191 countries.
Fiscal Policies for Development and Climate Action
Fiscal Policies for Development and Climate Action - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Fiscal Policies for Development and Climate Action write by Miria A. Pigato. This book was released on 2018-12-31. Fiscal Policies for Development and Climate Action available in PDF, EPUB and Kindle. This report provides actionable advice on how to design and implement fiscal policies for both development and climate action. Building on more than two decades of research in development and environmental economics, it argues that well-designed environmental tax reforms are especially valuable in developing countries, where they can reduce emissions, increase domestic revenues, and generate positive welfare effects such as cleaner water, safer roads, and improvements in human health. Moreover, these reforms need not harm competitiveness. New empirical evidence from Indonesia and Mexico suggests that under certain conditions, raising fuel prices can actually increase firm productivity. Finally, the report discusses the role of fiscal policy in strengthening resilience to climate change. It provides evidence that preventive public investments and measures to build fiscal buffers can help safeguard stability and growth in the face of rising climate risks. In this way, environmental tax reforms and climate risk-management strategies can lay the much-needed fiscal foundation for development and climate action.
Energy Subsidy Reform
Energy Subsidy Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Energy Subsidy Reform write by Mr.Benedict J. Clements. This book was released on 2013-09-13. Energy Subsidy Reform available in PDF, EPUB and Kindle. Energy subsidies are aimed at protecting consumers, however, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. This book provides the most comprehensive estimates of energy subsidies currently available for 176 countries and an analysis of “how to do” energy subsidy reform, drawing on insights from 22 country case studies undertaken by the IMF staff and analyses carried out by other institutions.
Fiscal Regimes for Extractive Industries—Design and Implementation
Fiscal Regimes for Extractive Industries—Design and Implementation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Fiscal Regimes for Extractive Industries—Design and Implementation write by International Monetary Fund. Fiscal Affairs Dept.. This book was released on 2012-08-16. Fiscal Regimes for Extractive Industries—Design and Implementation available in PDF, EPUB and Kindle. Better designed and implemented fiscal regimes for oil, gas, and mining can make a substantial contribution to the revenue needs of many developing countries while ensuring an attractive return for investors, according to a new policy paper from the International Monetary Fund. Revenues from extractive industries (EIs) have major macroeconomic implications. The EIs account for over half of government revenues in many petroleum-rich countries, and for over 20 percent in mining countries. About one-third of IMF member countries find (or could find) resource revenues “macro-critical” – especially with large numbers of recent new discoveries and planned oil, gas, and mining developments. IMF policy advice and technical assistance in the field has massively expanded in recent years – driven by demand from member countries and supported by increased donor finance. The paper sets out the analytical framework underpinning, and key elements of, the country-specific advice given. Also available in Arabic: ????? ??????? ?????? ???????? ???????????: ??????? ???????? Also available in French: Régimes fiscaux des industries extractives: conception et application Also available in Spanish: Regímenes fiscales de las industrias extractivas: Diseño y aplicación
