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New Green Tax Reforms: Ex-Ante Assessments for Spain

Author

Listed:
  • Xavier Labandeira

    (Rede, Universidade de Vigo, Facultade de CC.EE, Campus As Lagoas s/n, 36310 Vigo, Spain)

  • José M. Labeaga

    (Departamento de Teoría Económica y Economía Matemática, UNED, Senda del Rey 11, 28040 Madrid, Spain)

  • Xiral López-Otero

    (Departamento de Teoría Económica y Economía Matemática, UNED, Senda del Rey 11, 28040 Madrid, Spain)

Abstract
The great recession brought an increased need for public revenues and generated distributive concerns across many countries. This has led to a new generation of green tax reforms characterized by the use of markedly heterogeneous proposals that, overall, share a more flexible use of tax receipts adapted to the new economic environment. This article explores the possibilities of implementing this new generation of green tax reforms in Spain. It analyzes the impact of such reforms on energy demand, emissions, public revenues and income distribution from taxing various energy-related environmental damages and by considering two alternative uses for the tax receipts: fiscal consolidation and funding the costs of renewable-energy support schemes.

Suggested Citation

  • Xavier Labandeira & José M. Labeaga & Xiral López-Otero, 2019. "New Green Tax Reforms: Ex-Ante Assessments for Spain," Sustainability, MDPI, vol. 11(20), pages 1-25, October.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:20:p:5640-:d:275959
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    References listed on IDEAS

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    3. Ángel Estrada & Daniel Santabárbara, 2021. "Recycling carbon tax revenues in Spain. Environmental and economic assessment of selected green reforms," Working Papers 2119, Banco de España.
    4. García-Quevedo, Jose & Jové-Llopis, Elisenda, 2021. "Environmental policies and energy efficiency investments. An industry-level analysis," Energy Policy, Elsevier, vol. 156(C).
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    6. Xavier Vence & Sugey de Jesus López Pérez, 2021. "Taxation for a Circular Economy: New Instruments, Reforms, and Architectural Changes in the Fiscal System," Sustainability, MDPI, vol. 13(8), pages 1-21, April.

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