EU climate policies advocate a shift towards green taxation. We address this issue in the context of tax on companies, focusing on the consequences for the cost of capital, the effective marginal tax rate and the effective average tax rate.We develop an indicator of effective green taxation...

The overall impact of sea-level rise (SLR) is one of the reasons of concern related to climate change (e.g. Smith et al., 2009). SLR can reach one metre by the end of the century, which might translate into large economic damages (World Bank, 2009). Sea level rise could severely affect...