The taxation of different sources and uses of energy (particularly those that give rise to emissions of greenhouse gases) will play a key role in governments’ efforts to mitigate the scale of global warming and climate change.
Energy is a critical input into the production and consumption patterns that support economic and social wellbeing. However, many forms of energy use contribute to the environmental and climate challenges societies face today.
If a new car is registered in Latvia, the passenger car registration tax applies. For calculating the tax amount, the scheme takes into account CO2 emissions. It is because of the car registration tax in Latvia.
The U.S. Congress charged the National Academies with conducting a review of the Internal Revenue Code to identify the types of and specific tax provisions that have the largest effects on carbon and other greenhouse gas emissions and to estimate the magnitude of those effects.
Bangladesh is a strong actor in the effort to reduce global carbon emission. This is appropriate as it faces a major adverse burden from global climate change. Although per capita carbon emission is low, total carbon emission in Bangladesh is growing.
In this paper, the authors provide evidence on how the provision of social infrastructure such as reliable electricity can be leveraged to increase taxation in developing countries, particularly Sub-Saharan Africa (SSA).