This study is a contribution to the European Commission’s ongoing efforts to investigate and reform environmentally harmful subsidies (EHS). The report focused on three methodologies proposed by the OECD for the identification of EHS, the analysis of their impacts and the implications of their removal - namely the ‘quick scan’, the ‘checklist’ and the ‘integrated assessment’ methods. The methodologies were tested in the context of six case studies, in the field of energy, transport and water.
environmentally harmful subsidies
Since its inception fifteen years ago, the Green Scissors Campaign has fought to make environmental and fiscal responsibility a priority in Washington. By eliminating subsidies and programs that both harm the environment and waste taxpayer dollars, the federal government can protect our natural resources while reducing the growth of government spending and making a significant dent in the national debt. Green Scissors 2010 identifies more than $200 billion in wasteful government subsidies that are damaging to the environment and harmful to consumers.
One way to correct market failures is tax shifting -- raising taxes on activities that harm the environment so that their prices begin to reflect their true cost and offsetting this with a reduction in income taxes. A complementary way to achieve this goal is subsidy shifting. Each year the world's taxpayers provide at least $700 billion in subsidies for environmentally destructive activities, such as fossil fuel burning, overpumping aquifers, clearcutting forests, and overfishing.
This blog is about environmentally harmful subsidies: what they are,
where they come from, how you measure them, how you make others
disclose them, and just maybe how you can get rid of them.