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EU eyes tax as tool in climate change fight
Taxation will not escape the European Union’s plans to curb planet-warming emissions, and levies should be revamped to reflect climate and environmental costs, the head of EU climate policy said
China lifts renewable power subsidy for 2021 by nearly 5% y/y
The subsidy will be allocated to wind farms, biomass power generators, and distributed solar power operators, as well as solar power projects for poverty alleviation purposes, in 14 regions China’s
Germany to extend electric car subsidies to 2025
BERLIN (Reuters) – Germany will extend its enviromental subsidy for electric cars until 2025, government and auto industry sources told Reuters on Monday, a day ahead of a German auto
‘Farmers get no money from carbon tax in agri-sector’ – Naughten
Independent TD Denis Naughten has said that carbon tax funding acquired from the agriculture sector, is not reinvested in the sector. The Roscommon-Galway TD is leading the charge calling for
Joe Biden’s election could give Elon Musk the carbon tax he’s wanted for years
Elon Musk called for a carbon tax in Paris in 2015 during COP21, the United Nations Climate Change Conference. Then Donald Trump won the presidential election. In 2015, Elon Musk called
Virtual Session Highlights Need to Reform Fossil Fuel Subsidies to Build Back Greener- IISD
Panelists noted that government support going to fossil fuels, including COVID-19 recovery packages, is much higher than support for other energy sources.Among recommendations to better address fossil fuel subsidies, Peter
Economists urge green policies, incentives toward sustainable economy
Adrian Wail Akhlas The government needs to issue fiscal measures such as cutting fossil fuel subsidies and providing renewable energy incentives to slow climate change and to ensure sustainable post-pandemic
Mark Carney oversees blueprint for scaling up carbon market as offset demand soars
With more and more businesses setting net zero emissions targets, the voluntary carbon market needs stronger quality control to scale up, says UN special envoy By Chloé Farand As demand for
Britain yet to choose between a carbon tax or trading scheme post-Brexit
Earlier this year, the government put forward plans for a domestic ETS to replace the EU scheme from January 2021 – once the Brexit transition period ends – which could
