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Tax on pollution can support innovation

SOER 2010 Key fact (Deprecated) Published 09 Jan 2012

Photo: © OFE

Topics: Sustainability transitions Policy instruments Sustainability transitions

By increasing tax on pollution and other environmentally-damaging activities, governments can use the extra funds to provide incentives for innovation, such as developing renewable energy. For advanced economies like the EU, such schemes also create new technologies which can be exported globally.

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For references, please go to https://www.eea.europa.eu/highlights/environmental-tax-reform-increasing-individual/key-facts/tax-on-pollution-can-support-innovation or scan the QR code.

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Topics: Sustainability transitions Policy instruments Sustainability transitions

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Filed under: ETR environmental tax reform

Filed under: ETR, environmental tax reform

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