OCED report: Taxing Energy Use 2018
Released 14 February 2018
Greater reliance on energy taxation is needed to strengthen efforts to tackle greenhouse gas emissions and air pollution, according to a new OECD report.
The Organisation for Economic Co-operation and Development (OCED) has published a new report assessing the magnitude and coverage of taxes on energy use. Taxing Energy Use 2018 describes patterns of energy taxation in 42 OECD and G20 countries (representing approximately 80% of global energy use), by fuels and sectors over the 2012-2015 period. The report highlights that taxes are effective at cutting harmful emissions from energy use, but governments could make better use of them.
Key findings have been published for Austria, India, Korea, the United Kingdom, Italy, Spain, Slovak Republic, Argentina, Czech Republic, Australia, Latvia, Mexico, Slovenia, Finland, Germany, Japan, Denmark, Ireland, Turkey, Portugal, Hungary, Switzerland, Russian Federation, Indonesia, New Zealand, Israel, Poland, Chile, Brazil, the Netherlands, Canada, Norway, Belgium, South Africa, Estonia, Iceland, France, Greece, Sweden, Luxembourg, China and the United States.
View the report at Taxing Energy Use 2018.
View the key findings for the UK here.