School of World Economy Hosted Erasmus+ Lecture on Environmental Taxes and Ecological Tax Reform by Dr. Miguel Buñuel

Climate change mitigation requires a global revolution in the ways that energy is supplied and used, resulting in a new sustainable energy model. In his lecture, Universidad Autónoma de Madrid’s professor Miguel Buñuel provided an economic perspective on three key mitigation options.

The new sustainable energy model requires far greater energy efficiency. It also calls that renewable energies and, perhaps, carbon capture and storage be deployed on a massive scale. A dramatic shift is also needed in government policies, notably creating a higher level of long-term policy certainty over future demand for low carbon technologies, upon which industry’s decision makers can rely. The best way to do this is through the use of market based policies, together with social behavior, which needs to change beyond what is possible just using market based instruments.

In addition to discussing new sustainable energy model, policy perspectives and behavior changes, Dr. Buñuel addressed environmental taxes as a key market based policy and the basis for ecological tax reforms.

Miguel Buñuel

Dr. Miguel Buñuel is Professor of Applied Economics and Vice Dean for International and Institutional Affairs at Universidad Autónoma de Madrid’s Faculty of Economics and Business Studies. He has more than 25 years of researching and consulting experience on energy, environmental and natural resource economics and policy, public economics, taxation, applied microeconomics, applied econometrics, and modeling. Among other positions outside of Academia, he served as Economic Advisor to Spain’s Minister for the Environment, and worked for the World Bank and the European Commission. He has studied, taught and researched at top universities in the USA (Boston, Harvard, Tufts, and Yale) and Spain (UAM, UCM, UNED, and Stanford in Madrid), and is the author of many articles and books. He is BA and PhD in Economics (UAM), JD in Law (UAM), MA in Economics (Boston U), and PhD in Energy and Environmental Studies (Boston U).

Dr. Miguel Buñuel’s lecture was made possible through EU Erasmus+ Programme. Video recording of his presentation is available for reviewing on seminar’s page . The School of World Economy hosts regular open seminars that allow faculty and graduate students to share their research results and current work on various world economy topics. Information on past speakers and topics is available here .

For information about presenting at the School of World Economy seminar series in the upcoming academic year, please contact N. Milovantseva or N. Supyan .