Energy Tax and Regulatory Policy in Europe: Reform Priorities
Concise introductions to the main issues in energy policy and their interaction with environmental policies in the EU.

The European Union (EU) faces critical challenges in energy policy making, the most pressing of which are how to achieve the deep greenhouse gas reductions promised at the December 2015 UN Conference of the Parties in Paris, and how this effort can be coordinated with already existing policies. Energy policy is primarily a member state responsibility, and policy makers need an overarching view of the main issues in energy policy and their interaction with environmental policies. This volume aims to fill this need, offering concise introductions to some of the major issues as well as practical suggestions for policy making.

The contributors discuss reforms to the EU Emissions Trading System (ETS), the world's largest carbon market; ways to improve the operation and integration of the EU's power grids, in terms of both supply and demand; changes to the EU's Energy Tax Directive, which sets tax floors for fuels outside the ETS; the coordination of climate policies with policies to promote renewables and energy efficiency; research into clean technology; challenges to shale gas development; and transportation policy and the need for action on such externalities as traffic congestion. Finally, contributors consider obstacles to reform, including its potential effects on vulnerable households and energy-intensive industries.

Contributors
Mikael Skou Andersen, Niels Anger, Bruno De Borger, Antoine Dechezleprêtre, Jos Delbeke, Ottmar Edenhofer, Christian Flachsland, Beatriz Gaitan, Polona Gregorin, Cameron Hepburn, Alan Krupnick, Andreas Löschel, Claudio Marcantonini, Felix Christian Matthes, Paul Nahmmacher, Ian Parry, Karen Pittel, David Popp, Stef Proost, Christina Roolfs, Bert Saveyn, Oliver Schenker, Stephen Smith, Alexander Teytelboym, Kurt Van Dender, Herman Vollebergh, Nils-Henrik M. von der Fehr, Zhongmin Wang, Georg Zachmann

1126576700
Energy Tax and Regulatory Policy in Europe: Reform Priorities
Concise introductions to the main issues in energy policy and their interaction with environmental policies in the EU.

The European Union (EU) faces critical challenges in energy policy making, the most pressing of which are how to achieve the deep greenhouse gas reductions promised at the December 2015 UN Conference of the Parties in Paris, and how this effort can be coordinated with already existing policies. Energy policy is primarily a member state responsibility, and policy makers need an overarching view of the main issues in energy policy and their interaction with environmental policies. This volume aims to fill this need, offering concise introductions to some of the major issues as well as practical suggestions for policy making.

The contributors discuss reforms to the EU Emissions Trading System (ETS), the world's largest carbon market; ways to improve the operation and integration of the EU's power grids, in terms of both supply and demand; changes to the EU's Energy Tax Directive, which sets tax floors for fuels outside the ETS; the coordination of climate policies with policies to promote renewables and energy efficiency; research into clean technology; challenges to shale gas development; and transportation policy and the need for action on such externalities as traffic congestion. Finally, contributors consider obstacles to reform, including its potential effects on vulnerable households and energy-intensive industries.

Contributors
Mikael Skou Andersen, Niels Anger, Bruno De Borger, Antoine Dechezleprêtre, Jos Delbeke, Ottmar Edenhofer, Christian Flachsland, Beatriz Gaitan, Polona Gregorin, Cameron Hepburn, Alan Krupnick, Andreas Löschel, Claudio Marcantonini, Felix Christian Matthes, Paul Nahmmacher, Ian Parry, Karen Pittel, David Popp, Stef Proost, Christina Roolfs, Bert Saveyn, Oliver Schenker, Stephen Smith, Alexander Teytelboym, Kurt Van Dender, Herman Vollebergh, Nils-Henrik M. von der Fehr, Zhongmin Wang, Georg Zachmann

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Energy Tax and Regulatory Policy in Europe: Reform Priorities

Energy Tax and Regulatory Policy in Europe: Reform Priorities

Energy Tax and Regulatory Policy in Europe: Reform Priorities

Energy Tax and Regulatory Policy in Europe: Reform Priorities

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Overview

Concise introductions to the main issues in energy policy and their interaction with environmental policies in the EU.

The European Union (EU) faces critical challenges in energy policy making, the most pressing of which are how to achieve the deep greenhouse gas reductions promised at the December 2015 UN Conference of the Parties in Paris, and how this effort can be coordinated with already existing policies. Energy policy is primarily a member state responsibility, and policy makers need an overarching view of the main issues in energy policy and their interaction with environmental policies. This volume aims to fill this need, offering concise introductions to some of the major issues as well as practical suggestions for policy making.

The contributors discuss reforms to the EU Emissions Trading System (ETS), the world's largest carbon market; ways to improve the operation and integration of the EU's power grids, in terms of both supply and demand; changes to the EU's Energy Tax Directive, which sets tax floors for fuels outside the ETS; the coordination of climate policies with policies to promote renewables and energy efficiency; research into clean technology; challenges to shale gas development; and transportation policy and the need for action on such externalities as traffic congestion. Finally, contributors consider obstacles to reform, including its potential effects on vulnerable households and energy-intensive industries.

Contributors
Mikael Skou Andersen, Niels Anger, Bruno De Borger, Antoine Dechezleprêtre, Jos Delbeke, Ottmar Edenhofer, Christian Flachsland, Beatriz Gaitan, Polona Gregorin, Cameron Hepburn, Alan Krupnick, Andreas Löschel, Claudio Marcantonini, Felix Christian Matthes, Paul Nahmmacher, Ian Parry, Karen Pittel, David Popp, Stef Proost, Christina Roolfs, Bert Saveyn, Oliver Schenker, Stephen Smith, Alexander Teytelboym, Kurt Van Dender, Herman Vollebergh, Nils-Henrik M. von der Fehr, Zhongmin Wang, Georg Zachmann


Product Details

ISBN-13: 9780262036399
Publisher: MIT Press
Publication date: 08/11/2017
Series: CESifo Seminar Series
Pages: 408
Product dimensions: 6.30(w) x 9.00(h) x 1.40(d)
Age Range: 18 Years

About the Author

Ian Parry is Principal Environmental Fiscal Policy Expert in the IMF's Fiscal Affairs Department.

Karen Pittel is Director of the Ifo Center for Energy, Climate, and Exhaustible Resources and Professor of Economics at Munich University.

Herman Vollebergh is Senior Research Fellow at PBL Netherlands Environmental Assessment Agency and Professor in Economics and Environmental Policy at Tilburg University.

Ian Parry is Principal Environmental Fiscal Policy Expert in the IMF's Fiscal Affairs Department.

Herman Vollebergh is Senior Research Fellow at PBL Netherlands Environmental Assessment Agency and Professor in Economics and Environmental Policy at Tilburg University.

Table of Contents

Glossary of Technical Terms and Abbreviations ix

Introduction and Summary for Policymakers xxiii

1 Reforming the EU ETS: Where Are We Now? Cameron Hepburn Alexander Teytelboym 1

Comment Polona Gregorin 29

2 Agreeing on an EU ETS Price Floor to Foster Solidarity, Subsidiarity, and Efficiency in the EU Ottmar Edenhofer Christina Roolfs Beatriz Gaitan Paul Nahmmacher Christian Flachsland 31

Comment Jos Delbeke 63

3 Under Pressure: European Electricity Markets and the Need for Reform Nils-Henrik M. von der Fegr 67

Comment Georg Zachmann 91

4 Reforming the EU Energy Tax Directive: Assessing the Options Ian Parry Herman Vollebergh 95

Comment Mikael Skou Andersen 129

5 On the Coherence of Economic Instruments: Climate, Renewables, and Energy Efficiency Policies Andreas Löschel Oliver Schenker 135

Comment Niels Anger 163

6 Fiscal and Regulatory Instruments for Clean Technology Development in the European Union Antoine Dechezleprêtre David Popp 167

Comment Claudio Marcantonini 215

7 Lessons from the U.S. Shale Gas Boom Alan Krupnick Zhongmin Wang 223

Comment Bert Saveyn 255

8 Tax and Regulatory Policies for European Transport: Getting There, But in the Slow Lane Bruno De Borger Stef Proost 259

Comment Kurt van Dender 297

9 Carbon Pricing and Taxation: Overcoming Obstacles to Policy Reform in the EU Stephen Smith 303

Comment Felix Chr. Matthes 337

Contributors 343

Index 345

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