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- Law No. 20571 on environmental taxation (carbon ta...
Law No. 20571 on environmental taxation (carbon tax)
Sectors: Transport
As part of a comprehensive tax reform, two new types of green taxes have been introduced, one of which is an annual tax on emissions from fixed sources, which takes into account the global damage due to climate change (CO2 emissions) from 'fixed sources made up of boilers and turbines with a thermal power greater or equal to 50MW'.
Examples:
Resilient infrastructure, Fossil fuel divestment, Net zero growth plan, Sustainable fishing
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Law No. 20571 on environmental taxation (carbon tax)
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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.