A fiscal reform for increasing employment and mitigating CO2 emissions in Europe

This article discusses the possibility of promoting a fiscal reform which would, at a European level, permit a double dividend to be obtained: the mitigation of CO 2 emissions and stimulation of employment creation. In this respect, a CO2/energy tax is considered in the light of financing cuts in social contributions equivalent to 1% of the European GDP. Simulations carried out with six European countries reveal that, under certain conditions, this hypothesis could be verified, even if the net impact on unemployment and CO 2 is rather limited