An International Comparison of Energy Taxation in 2015

In modern economies across the globe, energy use is of crucial importance to production and consumption. A central socio-economic issue is that of limiting the detrimental environmental effects of energy use whilst
ensuring sufficient and stable energy supplies. In this
respect, price signals are central to economic agents’
efficient decision-making, since their behaviour is influenced strongly by energy taxation, which ideally leads them to internalise the negative external effects of energy use. In this article the authors analyse differential energy taxations and their effects on the respective economies.