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- CO2 Tax Act no 21 on Petroleum Activities
This Act introduces a CO2 tax to be paid on the burning of petroleum and discharge of natural gas in connection with petroleum activities on the continental shelf. These emissions are further regulated by the Petroleum Act, the Sales Tax Act, the Greenhouse Gas Emission Trading Act and the Pollution Control Act.
Examples:
Resilient infrastructure, Fossil fuel divestment, Net zero growth plan, Sustainable fishing
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CO2 Tax Act no 21 on Petroleum Activities
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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.