carbon tax News

Switzerland, EU To Link Emissions Trading Systems

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 45 hours ago | Friday, November 15, 2019

Switzerland and the EU are to link their emissions trading systems from next year, after the Swiss Federal Council approved revisions to the country's Ordinance on the Reduction of CO2 Emissions. Read Full Story

German Government Approves Climate Plan

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 4, 2019

On October 1, 2019, the German Federal Cabinet approved financing of EUR54bn (USD59bn) for the Climate Protection Program 2030, which includes the introduction of carbon pricing, as well as other tax measures intended to encourage the use of cleaner forms of transport. Read Full Story

Germany Proposes Climate Change Tax Plan

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 20, 2019

On September 16, 2019, the German conservative parties, the Christian Democrats and the Christian Social Union, published a report calling for reform of environmental taxes and levies to help Germany achieve its emissions reductions targets. Read Full Story

South African Carbon Tax Introduced On June 1

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, June 5, 2019

On May 26, 2019, South African President Cyril Ramaphosa signed into law the Carbon Tax Act No 15 of 2019, which came into effect on June 1, 2019, as announced by the Minister of Finance in the 2019 Budget. Read Full Story

Switzerland Consults On Linking With EU Emissions System

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 26, 2019

The Swiss Federal Council is consulting on proposed changes to the CO2 Ordinance, which would link the Swiss and EU emissions trading systems. Read Full Story

No Tax Surprises In Singapore's 2019 Budget

by Mary Swire, Tax-News.com, Hong Kong

Thursday, March 14, 2019

Singapore's recently released 2019 Budget included few significant tax announcements except confirmation that Singapore's carbon tax will be levied this year and the goods and services tax will be hiked in the medium term. Read Full Story

Canada To Push Ahead With Carbon Tax Plans

by Mike Godfrey, Tax-News.com, Washington

Monday, October 29, 2018

Canada's federal Government has announced that it will impose a carbon price in Ontario, New Brunswick, Manitoba, and Saskatchewan in 2019. Read Full Story

Ontario Withdraws Support For Canadian Carbon Taxes

by Mike Godfrey, Tax-News.com, Washington

Monday, July 16, 2018

Ontario's new government has scrapped the province's cap-and-trade carbon pricing regime, effective July 3. Read Full Story

Global Carbon Tax Take Up 50 Percent In 2017

by Ulrika Lomas, Tax-News.com, Brussels

Monday, May 28, 2018

Governments raised about USD33bn in carbon pricing revenue last year, a 50 percent increase from 2016, according to a new update by the World Bank. Read Full Story

Canada 'Will Not Hit Climate Change Targets'

by Mike Godfrey, Tax-News.com, Washington

Thursday, April 12, 2018

Canada's auditors general have published a collaborative report on the country's response to climate change, which raises concerns about the success of the action taken by governments. Read Full Story

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