IMF urges countries to raise carbon price floor ahead of Cop26
2021-09-08
Global lender’s head Kristalina Georgieva calls on countries to step up their $100bn climate finance pledges.
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Category: Carbon tax
What is China’s Carbon Market Scheme?
2021-09-08
China has proposed the world’s largest carbon emissions trading scheme (ETS). As the country has pledged to reach net zero emissions by 2060, this article explores the merits of the current scheme.
Democrat spending proposal in the United States would raise conservation cash through fossil fees
2021-09-01
Fossil fuel and mining companies would contribute billions toward conservation programs under a new proposal in the United States Congress.
How Europe could get China and the U.S. on its side with new carbon tax
2021-09-01
The measure, if approved, will force EU businesses to pay a carbon levy for goods they import from outside the bloc. The problem is that some nations might not want to go down the carbon neutrality route as fast as the EU.
Belgium might introduce new environmental taxes on the airline sector
2021-08-30
Environmental taxes on the aviation sector could contribute 1.5 billion euros to the State budget of Belgium.
It’s time to rethink personal carbon allowances, research suggests
2021-08-30
It might be tricky and some might not like it, but a PCA could lower emissions.
Green taxation can help us recover from the Covid-19 crisis. Here’s how
2021-08-23
Raising taxes during an economic downturn might seem counterintuitive but it could be the key to Covid-19 recovery. The secret lies in which taxes to raise: when it comes to impacts on the economy, jobs, and the environment, not all taxes are created equal.
Israel to impose carbon tax, starting with fossil fuels
2021-08-17
From 2023 to 2028, a carbon tax will be applied, at slowly increasing levels, to coal, liquified petroleum gas, fuel oil, petcoke and gas, in a move expected to cover about 80 percent of Israel’s greenhouse gas emissions.
South Africa carbon tax to align to UN treaties
2021-08-12
South Africa’s carbon tax laws are set to change with the international frameworks it aligns to, as reflected in the latest amendment to the carbon offset regulations.
EU Unveils Planned Carbon Tax on Imports Amid U.S., Japanese Concerns
2021-07-31
protect the EU’s domestic industry from carbon leakage, when goods that would normally be bought locally are instead imported from companies that don’t face the same emissions regulations. The United States and Japan have voiced concerns about the planned tax.
