Green Fiscal Policy And Firm Behaviour

This book is driven by the urgency of addressing the triple energy challenge- energy sustainability, security, and affordability. It explores a timely and policy-relevant research question, examining how effective green fiscal policies are in fostering the adoption of energy-efficient and environmentally sustainable technologies. It assesses whether such instruments are more effective when implemented in isolation or as part of a coordinated policy-mix, and investigates the right design, dosage and sequencing of their deployment. The analysis centers on three principal fiscal instruments-environmental taxes, green investment subsidies, and green investment tax credits-and distinguishes between different types of green technologies, namely superior cleaner production technologies and inferior end-of-pipe solutions.The book provides a comprehensive and empirically rigorous evaluation of green fiscal policies and their role in the green transition, framing them as a crucial corrective...