Brussels, 30 November 2009
The European Commission (Directorate General for Taxation and Customs Union) organises a one day conference in Brussels on 'What taxation for a low carbon economy?'
The threat to the climate is one of the greatest challenges our world is facing today. Substantial mitigation efforts are needed and it is crucial to use cost-effective instruments for this purpose. The EU opted for the EU emission trading system (ETS) to be its main instrument in this context. However, the question remains what is the role that taxation could or should play with respect to emissions in the non-ETS sector.
The conference will focus on possibilities to address global warming through targeted taxation instruments, in theory and in practice and taking into account broader economic and social considerations.
The conference will bring together policy makers, experts, stakeholders and the general public from all over Europe, and beyond, to discuss this important and highly relevant subject in a very timely moment of the run up to the international climate change conference in Copenhagen.