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Decree No. 441/021 (establishing a carbon tax)

Geography
Year
2021
Document Type
Policy

Summary

On January 1st, 2022 the Uruguayan carbon tax was established through Presidential Decree No. 441/021. 
The executive branch of government may update the tax rate annually, and may increase the rate in accordance with any variation established by the Consumer Price Index. The tax applies to all liquid fuels, with the exception of jet fuel. Sales of fuel to manufacturers of gasoline, for the purposes of producing gasoline, are also exempted from the tax. The carbon tax rate for 2022 is UYU 5,645.45 (approximately USD 137.29).

Documents

About this policy

Year
2021
Most recent update
01/01/2022
Response areas
Adaptation
Sectors
Energy
Topics
, ,  

 Topics mentioned most in this policy  
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Group
Topics
Policy instrument
Fossil fuel
Greenhouse gas
Economic sector

Note

CCLW national policies

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.