Critically assessing recent developments in environmental and tax legislation, and in particular low-carbon strategies, this timely book analyses the implementation of market-based instruments for achieving climate stabilisation objectives around the world.

Contents: FOREWORD PREFACE PART I ECONOMIC INCENTIVES FOR THE ENERGY TRANSITION 1. Price Support Schemes in the Service of the EU’s Low-Carbon Energy Transition Theodoros Iliopoulos 2. Tax Incentives for Photovoltaic Power Self-Consumption: An Analysis of the Spanish Experience Marta Villar Ezcurra and Carmen Cámara Barroso 3. The Brazilian Newly Inaugurated Net Metering System: A Case Study of a Win-Win Model for the Sustainable Development of the Country’s Energy Matrix Boosted by Renewable Sources José Maria McCall Zanocchi PART II ON THE ROAD TO LOW-CARBON TRANSPORT 4. VAT Rules for Passenger Travel by Air and by Train in the EU Julia Tumpel 5. Incentivizing Favourable Treatment of Electric Vehicles ⎯ Developing Best Practices in the EU from the Austrian Perspective Stefanie Geringer 6. “Ecobonus” and “Ecotax”: Two Recent Italian Fiscal Measures to Promote the Decarbonization in Vehicles Alessia Tomo PART III CHALLENGES TO LOW-CARBON STRATEGIES IN AUSTRALIA AND EAST ASIA 7. Australian Carbon Policy: Two Steps Forward, One Step Backwards? Evgeny Guglyuvatyy and Natalie P. Stoianoff 8. May Link Prevail! Or: A Comparative Analysis of Lessons Learnt from (not) Linking Carbon Markets in Japan and Oceania Sven Rudolph, Elena Aydos, Takeshi Kawakatsu, Achim Lerch and Joseph Dellatte 9. Carbon Emission Reduction Effects of China’s Environmental Protection Tax – A Case Study Long Feng, Ge Chazhong, Bi Fenfen, Qin Changbo PART IV PROSPECTS FOR DECARBONISATION AND CIRCULAR ECONOMY 10. How to Reach Paris: A Comprehensive Long-Term Energy-Economy Scenario for Austria Ina Meyer, Mark Sommer and Kurt Kratena 11. The Importance of a Carbon Tax for Timely and Cost-effective Decarbonisation – A Case Study from Cyprus Chryso Sotiriou and Theodoros Zachariadis 12. Trigger or time fuse? An Empirical Framework for Detecting Change Points and Pace in the Diffusion of Low Carbon Technologies Veronika Kulmer, Dominik Kortschak and Sebastian Seebauer 13. The Potential of Reuse in the Circular Economy Strategy: In Search of a Legal Framework – The Italian Tax Perspective Marina Bisogno PART V RELEVANT LEGAL AND ECONOMIC CONSIDERATIONS FROM OTHER SUSTAINABILITY CONTEXTS 14. Environmental Taxation in Sub-Saharan Africa: Barriers and Policy Options Elena Belletti 15. Implications of Denmark’s Water Price Reform for Riverine and Coastal Surface Water Quality Massimo Pizzol, Maria Molinos-Senante, Hans Thodsen and Mikael Skou Andersen 16. Reduction of Biodiversity Harmful Subsidies and Compensatory Payments for Agricultural Pollutants in Germany Kai Schlegelmilch Index

'A very rich book, to be read by all those who suspect that environmental taxation can accelerate the transition toward a low-carbon society around the world.' --Christian de Perthuis, Université Paris Dauphine-PSL, France