News, indicators and facts of the work of the Green Fiscal Policy Network and our partners in the United States.
Taxpayer-funded farm subsidies have long been skewed in favor of the richest farmers and landowners. But under the Trump administration, even more money went to the largest and wealthiest farms, further shortchanging smaller, struggling family farms.
Fossil fuel and mining companies would contribute billions toward conservation programs under a new proposal in the United States Congress.
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.
As the United States staggers through another year of devastating wildfires, drought, storms and other calamities, the infrastructure bill before Congress would pour major resources into a response. The measure agreed to over the weekend includes billions of dollars to better prepare the country for the effects of global warming, in what could be the largest investment in climate resilience in American history.
Cutting greenhouse gas emissions quickly would save tens of millions of lives worldwide, a new study finds. It’s the latest indication that climate change is deadly to humans, and that the benefits of transitioning to a cleaner economy could be profound.
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.
Senators introduced a plan on 19 July to tax iron, steel and other imports from countries without ambitious climate laws.
Few countries in the region have tied green components to their stimulus packages, which contain some environmentally harmful measures. Green recovery policies and strategies can help put a country on the path to economic recovery while bringing environmental and sustainability benefits.
Unpopular among the bloc’s trading partners, countries are seeking exemptions to the carbon levy, as Brussels hints alternatives to pricing may be considered to dodge the tax The European Union
G20 finance leaders recognized carbon pricing as a potential tool to address climate change for the first time in an official communique on Saturday, taking a tentative step towards promoting the idea and coordinating carbon reduction policies.
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