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Tag: imf
IMF: Getting energy prices right will drive economic benefits
2014-08-01 14:02:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: Shifting taxes onto fossil fuels and away from income or capital could provide huge benefits for countries while protecting the environment at the same time, according to a new study from the International Monetary Fund (IMF). The organisation warns that many countries rely too much on general income, payroll, and consumption taxes for their fiscal objectives, and too little on taxes on energy use. The report argues that even when energy taxes are in place in many countries they are "set at levels...
Tags: prices
drive
energy
benefits
IMF Pushes for Higher Energy Taxes to Fight Climate Change
2014-08-01 06:49:00| Climate Ark Climate Change & Global Warming Newsfeed
Environmental Leader: Energy prices should reflect the harmful and environmental side effects of using fossil fuels, particularly damage such as climate change and air pollution, the International Monetary Fund said in a book published Thursday. The IMF book "Getting Energy Prices Right: From Principle to Practice"argues energy prices in many countries are too low and are set at levels that don`t reflect environmental damage. The report also lay outs the IMF`s views on what appropriate taxes should be on coal, natural...
Tags: change
higher
energy
fight
IMF lowers global growth forecast
2014-07-24 17:50:10| BBC News | Business | UK Edition
The International Monetary Fund (IMF) has lowered its forecast for global economic growth this year, from 3.7% to 3.4% but the UK's forecast is raised.
Tags: global
growth
forecast
imf
IMF forecasts lower US growth
2014-07-23 20:39:02| BBC News | Business | UK Edition
The IMF is lowering its forecast for US economic growth to a "disappointing" 1.7%, the second downgrade this year.
Tags: lower
growth
forecasts
imf
IMF cuts US growth forecast for 2014
2014-06-16 16:47:38| BBC News | Business | UK Edition
The International Monetary Fund (IMF) has slashed its US growth forecast, urged policy makers to keep interest rates low and raise the minimum wage to strengthen its recovery.
Tags: growth
cuts
forecast
imf
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