'Market-based instruments in EU environmental legislation' (Ch. 2) and 'EU environmental targets and objectives' (Annex I)

The Report provides an overview of market-based instruments (MBIs) established by EU environmental legislation (Ch 2). Then it explains the established definitions and rationales for the application of environmental taxes and discusses their current design and application in EEA member countries (Ch 3 and 4). It concludes with overall findings and some reflections on the potential for long-term tax-shifting programmes in the context of policy targets (illustrated by Annex I) as well as technological innovation and demographic changes (Ch. 5).