Policy - 29/June/2016

A fiscal Stockholm syndrom

Government budgets are hooked on fossil-fuel derived tax revenues. Making the break is tough.

Governments are at varying speeds decarbonising their economies. At the same time, they depend on tax revenues from use of the very hydro carbons they want to escape from. As a perverse side effect, governments are finding it hard to break the ties ...

Read full article

Already a subscriber?



Comments are closed.

Related articles

Reality surprised us

On energy trends the IEA admits that prediction is difficult – especially of the future

Read more

Redirecting the global flow of money

Developing countries need around $300 billion annually by 2020 to limit their carbon emissions.

Read more