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OECD Finds that Taxes on Polluting Fuels are Too Low to Encourage a Shift to Low-Carbon Alternatives

24 September 2019

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OECD

The OECD has issued a release on an upcoming report, Taxing Energy Use 2019, in which presents a snapshot of where countries stand in deploying energy and carbon taxes, tracks progress made, and makes actionable recommendations on how governments could do better. --- Taxes on polluting fuels are too low to encourage a shift to low-carbon alternatives 20/09/2019 - Taxing polluting sources of energy is an effective way to curb emissions that harm the planet and human health, and the income generated can be used to ease the low-carbon transition for vulnerable households. Yet 70% of energy-related CO2 emissions from...