double dividend (2024)

Term

Term

It refers to the notion that environmental taxes can both reduce pollution (the first dividend) and reduce the overall economic costs associated with the tax system by using the revenue generated to displace other more distortionary taxes that slow economic growth at the same time (the second dividend).

Synonyms:
Source:
EEA Glossary
Context:
Comment
Definition source publication
Resources for the Future. United States.
Publication year
Definition source URL
http://www.weathervane.rff.org/glossary/index.html
Organisation
Organisation full name
Resources for the Future
Subjects
  • ENVIRONMENTAL INSTRUMENTS
Long definition

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For references, please go to https://www.eea.europa.eu/help/glossary/eea-glossary/double-dividend or scan the QR code.

PDF generated on 11 Apr 2024, 05:42 AM

double dividend (1)

double dividend (2024)
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