Green fiscal reform can create jobs and stimulate innovation across the EU

Increasing some tax rates and removing subsidies on environmentally harmful products and services can boost economic growth if the revenue generated is then used to relieve the tax burden on employment and investment.

The findings come from a series of studies from the European Environment Agency (EEA) looking at the potential for fiscal reform in four EU countries affected by the current economic crisis: Portugal, Spain, Italy and Ireland.

The four studies may be accessed via the Source Url.