Environmental Financial Reform
With an environmental financial reform, we are using fiscal policy and taxation to redirect towards a sustainable and fair economy and society - by reducing subsidies that harm the environment and society, by placing our tax system on a broader basis and by making the consumption of resources and the burden on the climate more expensive. The additional revenue should be used sustainably for investments in the future and social justice.
ANSPRECHPARTNER
Holger Bär
| Publicationtitle | EU carbon border adjustment - opportunity for climate protection and competition |
| Publicationtype | Policy Brief |
| Publicationabstract | In order to achieve the climate targets, a carbon price is necessary which reflects the true costs of emissions. Concerns have been raised that companies from Germany and Europe could shift production to regions where environmental protection standards and costs are lower. A border adjustment mechanim, which imposes a carbon price on imported goods, could remove this hurdle and contribute to an effective pricing of emissions. This policy brief shows how such a mechamism can be implemented in practice and which issues play a key role. |
| Authors | |
| Publication institution | FÖS |
| Publicationtags | carbon border adjustment meachnism, CBAM, CO2-Pricing |
| Topics | |
| Publicationdate | 2020 |
| Publicationfile | 2020-10_FOES_Carbon_Border_Adjustment_Policy_Brief.pdf |