Environmental policy instruments are frequently characterised as obstacles to economic activity but environmental taxes can, in fact, be the opposite — serving as catalysts for the creativity that underpins thriving economies.

INTRODUCTION In an open global economy, competitiveness relies on the capacity of businesses to create high value-added goods and services. A move towards innovation-based sustainable growth is therefore at the heart of the EU'...

4 Context ï‚· Subsidies are one of many policy instruments used by governments to attain economic, social and environmental objectives. Worldwide, subsidies exist in several economic sectors, including agriculture, fisheries and...