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National Environmental Taxes and Industrial Waste in Countries across Europe

Author

Listed:
  • Eirini Stergiou

    (Department of Economics, University of Patras, Rio Campus, 26504 Patras, Greece
    These authors contributed equally to this work.)

  • Nikos Rigas

    (Department of Economics, University of Patras, Rio Campus, 26504 Patras, Greece
    These authors contributed equally to this work.)

  • Giancarlo Ferrara

    (Department of Economics, Business and Statistics, University of Palermo, 90128 Palermo, Italy
    These authors contributed equally to this work.)

  • Eleni Mantzari

    (Department of Economics, University of Patras, Rio Campus, 26504 Patras, Greece
    These authors contributed equally to this work.)

  • Konstantinos Kounetas

    (Department of Economics, University of Patras, Rio Campus, 26504 Patras, Greece
    These authors contributed equally to this work.)

Abstract

The use of economic instruments within environmental policy has become a challenging topic for policymakers, governments and scholars. Environmental taxes have emerged as a prevailing preference in developed countries to promote sustainability. Recently, a particular focus has been given to waste generation and disposal, shifting the attention from greenhouse gases to another important source of environmental pollution. This paper investigates the effect of national environmental taxes and policies on industrial waste. A fixed effects model is used for 34 countries across Europe from 2004 to 2022. The results suggest that environmental taxes and energy policies reduce industrial (hazardous and non-hazardous) waste. However, environmental tax reforms should take into consideration the deterioration in environmental quality, the increase in economic costs and undesirable social consequences.

Suggested Citation

  • Eirini Stergiou & Nikos Rigas & Giancarlo Ferrara & Eleni Mantzari & Konstantinos Kounetas, 2024. "National Environmental Taxes and Industrial Waste in Countries across Europe," Energies, MDPI, vol. 17(10), pages 1-13, May.
    • Handle: RePEc:gam:jeners:v:17:y:2024:i:10:p:2411-:d:1396653
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