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Term

double dividend

Term

It refers to the notion that environmental taxes can both reduce pollution (the first dividend) and reduce the overall economic costs associated with the tax system by using the revenue generated to displace other more distortionary taxes that slow economic growth at the same time (the second dividend).

Synonyms:

Source:

EEA Glossary

Context:

Comment

Definition source publication

Resources for the Future. United States.

Publication year

Definition source URL

http://www.weathervane.rff.org/glossary/index.html

Organisation

Organisation full name

Resources for the Future

Subjects

ENVIRONMENTAL INSTRUMENTS

Long definition

Permalinks

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For references, please go to https://www.eea.europa.eu/help/glossary/eea-glossary/double-dividend or scan the QR code.

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