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Law 20.780 (tax reform implementing a green tax)

Geography
Year
2014
Document Type
Legislative

Summary

The law no 20.780 introduces in Art. 8 a green tax on fixed sources of pollutants, including CO2. The tax started to apply in 2017 and is directed to the industries with a thermal power generation greater than or equal to 50 MW.

Article 8. of this law was amended in February 2020 by law 21.210 as following in order to set emissions thresholds and precisions for taxation.

Documents

About this law

Year
2014
Most recent update
24/02/2020
Response areas
Mitigation
Sectors
Energy
Topics
, ,  

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Group
Topics
Policy instrument
Risk
Impacted group
Just transition
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Public finance actor

Note

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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.