Michael Devereux (Oxford)
Lilian Faulhaber (Georgetown)
Michelle Hanlon (MIT)
Jim Hines (Michigan)
Wolfgang Schön (Max Planck)
John Vella (Oxford)
What is OMG?
On behalf of the Oxford University Centre for Business Taxation, University of Michigan, Massachusetts Institute of Technology, Max Planck Institute for Tax Law and Public Finance, and Georgetown University Law Center, we are excited to announce the OMG Transatlantic Tax Talks will continue this academic year. (Why OMG? Oxford-Michigan-MIT-Munich-Georgetown.)
This speaker series will be taking place on Zoom. It is an interdisciplinary series, with experts in taxation from law, economics, and accounting presenting their work.
Martin Jacob will present his paper "How effective are emission taxes in reducing air pollution?" on Thursday 17 November.
All talks will be on Zoom at 11:00 Eastern time/4:00 UK/5:00 CET. Presenters will speak for about 20 minutes, and the remaining 40 minutes will be used for Q&A.
How effective are emission taxes in reducing air pollution?
Abstract: This paper examines the role of environmental taxes in reducing emission output. Using unique satellite data to observe levels of nitrogen dioxide (NO2), we leverage an emission tax introduction in 2013 in the Autonomous Community Valenciana. We find that this environmental tax reduced NO2 levels by 1.8%. While the effect does not depend on the prevalence of dirty versus clean industries, we find that the NO2 burden is reduced more substantially in large industry areas, urban regions, and in areas with innovative and large firms.
