Edited by Arthur M. Ferreira Neto, Professor of Law, Federal University of Rio Grande do Sul, Brazil, Janet E. Milne, Professor of Law and Director of the Environmental Tax Policy Institute, Vermont Law School, USA, Mikael Skou Andersen, Professor of Environmental Policy Analysis, Aarhus University, Denmark and Hope Ashiabor, Adjunct Lecturer, University of New South Wales Business School, Australia

‘Another milestone in the construction of the temple of environmental taxation and of environmental tax reform, shifting the tax burden from citizens’ and businesses’ incomes to natural resources, pollution, emissions and energy – as Von Weizsaecker already suggested in 1991, Delors proposed in 1992, the OECD developed in the 1990s – for a sustainable development respecting the Planetary Boundaries.’

• ContentsPART I  EMERGING GLOBAL ISSUES1 Assessing the desirability of a global wealth tax to fund greeninvestments 2Brian D. Lepard2 Tackling greenwashing and carbonwashing: the role of taxpolicies in promoting environmental integrity 22Paulo Caliendo and Victória Maltchik Salles Jung3 Taxation of carbon credits trading through tokenized assets 38Danielle Bertagnolli4 The environmental cost of artificial intelligence data centers:a literature-based assessment for sustainable policy action 55Hadassah Laís de Sousa Santana, Thaís Chaves e Silva andMiguel José Neves de ResendePART II  THE ENERGY TRANSITION: EQUITY, BORDERADJUSTMENTS AND STRATEGIES5 Exporting megawatts, importing injustice: just energytransition, environmental taxation and fiscal incoherence inBrazil 62Lise Tupiassu6 Energy taxation and fossil fuel subsidies 79Caterina Molinari7 Fair energy transition for low-income households 101Sami Madani8 CBAM: legal reflections in Brazil toward a green transition 127Arthur M. Ferreira Neto and Marina D’Almeida Bianco9 A critical discourse analysis of Brazil’s response to the EUCarbon Border Adjustment Mechanism 147Morley Cromwell and Laurel Besco10 Strategic climate litigation under the Brazilian Tax Reform:environmental protection principle and prevention ofregressive effects as new entryways for litigations 167Matheus Chebli de AbreuPART III  CONSTITUTIONAL MANDATES FOR GREENTAXATION: BRAZIL’S EXPERIENCE11 Building subnational green financing mechanisms forenvironmental governance after the Brazilian Tax Reform 189Bruna Carolina Paludo and Mariana Porto Koch12 Regional tax incentives and environmental sustainability:integrating environmental criteria into Brazilian tax policy 206Luiza Tonial Ribeiro13 Consequences of the inclusion of the tax principle ofenvironmental protection in Brazil’s Federal Constitution 224Sergio André Rocha and Maria Carolina MaldonadoMendonça Kraljevic14 Taxation on Decarbonization Credits under the constitutionalframework introduced by the Brazilian Tax Reform 241Arthur M. Ferreira Neto and Isadora Giacomini Ceretta15 Electric vehicles and the Selective Tax in Brazil:environmental extrafiscality and constitutional inconsistencyafter the 2023 Tax Reform 256Bruno A. François Guimarães and Vittórya Lopes Barros16 The environmental implications of the Brazilian Tax Reformconcerning the changes in vehicle rental sector taxation 275Lucas N. Holanda

Edited by Arthur M. Ferreira Neto, Professor of Law, Federal University of Rio Grande do Sul, Brazil, Janet E. Milne, Professor of Law and Director of the Environmental Tax Policy Institute, Vermont Law School, USA, Mikael Skou Andersen, Professor of Environmental Policy Analysis, Aarhus University, Denmark and Hope Ashiabor, Adjunct Lecturer, University of New South Wales Business School, Australia

‘Another milestone in the construction of the temple of environmental taxation and of environmental tax reform, shifting the tax burden from citizens’ and businesses’ incomes to natural resources, pollution, emissions and energy – as Von Weizsaecker already suggested in 1991, Delors proposed in 1992, the OECD developed in the 1990s – for a sustainable development respecting the Planetary Boundaries.’

• ContentsPART I  EMERGING GLOBAL ISSUES1 Assessing the desirability of a global wealth tax to fund greeninvestments 2Brian D. Lepard2 Tackling greenwashing and carbonwashing: the role of taxpolicies in promoting environmental integrity 22Paulo Caliendo and Victória Maltchik Salles Jung3 Taxation of carbon credits trading through tokenized assets 38Danielle Bertagnolli4 The environmental cost of artificial intelligence data centers:a literature-based assessment for sustainable policy action 55Hadassah Laís de Sousa Santana, Thaís Chaves e Silva andMiguel José Neves de ResendePART II  THE ENERGY TRANSITION: EQUITY, BORDERADJUSTMENTS AND STRATEGIES5 Exporting megawatts, importing injustice: just energytransition, environmental taxation and fiscal incoherence inBrazil 62Lise Tupiassu6 Energy taxation and fossil fuel subsidies 79Caterina Molinari7 Fair energy transition for low-income households 101Sami Madani8 CBAM: legal reflections in Brazil toward a green transition 127Arthur M. Ferreira Neto and Marina D’Almeida Bianco9 A critical discourse analysis of Brazil’s response to the EUCarbon Border Adjustment Mechanism 147Morley Cromwell and Laurel Besco10 Strategic climate litigation under the Brazilian Tax Reform:environmental protection principle and prevention ofregressive effects as new entryways for litigations 167Matheus Chebli de AbreuPART III  CONSTITUTIONAL MANDATES FOR GREENTAXATION: BRAZIL’S EXPERIENCE11 Building subnational green financing mechanisms forenvironmental governance after the Brazilian Tax Reform 189Bruna Carolina Paludo and Mariana Porto Koch12 Regional tax incentives and environmental sustainability:integrating environmental criteria into Brazilian tax policy 206Luiza Tonial Ribeiro13 Consequences of the inclusion of the tax principle ofenvironmental protection in Brazil’s Federal Constitution 224Sergio André Rocha and Maria Carolina MaldonadoMendonça Kraljevic14 Taxation on Decarbonization Credits under the constitutionalframework introduced by the Brazilian Tax Reform 241Arthur M. Ferreira Neto and Isadora Giacomini Ceretta15 Electric vehicles and the Selective Tax in Brazil:environmental extrafiscality and constitutional inconsistencyafter the 2023 Tax Reform 256Bruno A. François Guimarães and Vittórya Lopes Barros16 The environmental implications of the Brazilian Tax Reformconcerning the changes in vehicle rental sector taxation 275Lucas N. Holanda

Edited by Arthur M. Ferreira Neto, Professor of Law, Federal University of Rio Grande do Sul, Brazil, Janet E. Milne, Professor of Law and Director of the Environmental Tax Policy Institute, Vermont Law School, USA, Mikael Skou Andersen, Professor of Environmental Policy Analysis, Aarhus University, Denmark and Hope Ashiabor, Adjunct Lecturer, University of New South Wales Business School, Australia

‘Another milestone in the construction of the temple of environmental taxation and of environmental tax reform, shifting the tax burden from citizens’ and businesses’ incomes to natural resources, pollution, emissions and energy – as Von Weizsaecker already suggested in 1991, Delors proposed in 1992, the OECD developed in the 1990s – for a sustainable development respecting the Planetary Boundaries.’

• ContentsPART I  EMERGING GLOBAL ISSUES1 Assessing the desirability of a global wealth tax to fund greeninvestments 2Brian D. Lepard2 Tackling greenwashing and carbonwashing: the role of taxpolicies in promoting environmental integrity 22Paulo Caliendo and Victória Maltchik Salles Jung3 Taxation of carbon credits trading through tokenized assets 38Danielle Bertagnolli4 The environmental cost of artificial intelligence data centers:a literature-based assessment for sustainable policy action 55Hadassah Laís de Sousa Santana, Thaís Chaves e Silva andMiguel José Neves de ResendePART II  THE ENERGY TRANSITION: EQUITY, BORDERADJUSTMENTS AND STRATEGIES5 Exporting megawatts, importing injustice: just energytransition, environmental taxation and fiscal incoherence inBrazil 62Lise Tupiassu6 Energy taxation and fossil fuel subsidies 79Caterina Molinari7 Fair energy transition for low-income households 101Sami Madani8 CBAM: legal reflections in Brazil toward a green transition 127Arthur M. Ferreira Neto and Marina D’Almeida Bianco9 A critical discourse analysis of Brazil’s response to the EUCarbon Border Adjustment Mechanism 147Morley Cromwell and Laurel Besco10 Strategic climate litigation under the Brazilian Tax Reform:environmental protection principle and prevention ofregressive effects as new entryways for litigations 167Matheus Chebli de AbreuPART III  CONSTITUTIONAL MANDATES FOR GREENTAXATION: BRAZIL’S EXPERIENCE11 Building subnational green financing mechanisms forenvironmental governance after the Brazilian Tax Reform 189Bruna Carolina Paludo and Mariana Porto Koch12 Regional tax incentives and environmental sustainability:integrating environmental criteria into Brazilian tax policy 206Luiza Tonial Ribeiro13 Consequences of the inclusion of the tax principle ofenvironmental protection in Brazil’s Federal Constitution 224Sergio André Rocha and Maria Carolina MaldonadoMendonça Kraljevic14 Taxation on Decarbonization Credits under the constitutionalframework introduced by the Brazilian Tax Reform 241Arthur M. Ferreira Neto and Isadora Giacomini Ceretta15 Electric vehicles and the Selective Tax in Brazil:environmental extrafiscality and constitutional inconsistencyafter the 2023 Tax Reform 256Bruno A. François Guimarães and Vittórya Lopes Barros16 The environmental implications of the Brazilian Tax Reformconcerning the changes in vehicle rental sector taxation 275Lucas N. Holanda