Designing fiscal regimes for impact benefit agreements. (August 2021)

• Record Type: Journal Article
• Authors: Gunton, Cameron; Gunton, Thomas; Batson, Joshua; Markey, Sean; Dale, Daniel
• Is Part Of: Resources policy. Volume 72(2021)
• Publication Date: 2021-08
• Subjects: Mines and mineral resources -- Periodicals; Ressources minérales -- Périodiques; Ressources naturelles -- Gestion -- Périodiques; Environnement -- Politique gouvernementale -- Périodiques; 333.8
• DOI: 10.1016/j.resourpol.2021.102004
• Languages: English
• ISSNs: 0301-4207

Abstract

Highlights: We evaluate alternative impact benefit agreement fiscal instruments using a comprehensive set of criteria. No fiscal instrument is ideal in terms of fully meeting all criteria. A multiple account evaluation of revenue and non-revenue provisions of agreements is recommended for assessing trade-offs. The optimal fiscal regime for impact benefit agreements is likely a hybrid design that uses a combination of fiscal instruments.