A fiscal reform for increasing employment and mitigating CO2 emissions in Europe

Bossier, Francis;Bréchet, Thierry
(1995) Energy Policy —

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  • Bossier, FrancisBureau fédéral du Plan
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  • Bréchet, ThierryUCLouvain
    Author
Abstract
This article discusses the possibility of promoting a fiscal reform which would, at a European level, permit a double dividend to be obtained: the mitigation of CO 2 emissions and stimulation of employment creation. In this respect, a CO2/energy tax is considered in the light of financing cuts in social contributions equivalent to 1% of the European GDP. Simulations carried out with six European countries reveal that, under certain conditions, this hypothesis could be verified, even if the net impact on unemployment and CO 2 is rather limited.
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Bossier, F., & Bréchet, T. (1995). A fiscal reform for increasing employment and mitigating CO2 emissions in Europe. Energy Policy. https://hdl.handle.net/2078.5/206198