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You Searched For "carbon tax" and got 18 results


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2 mins read

Will consider EU suggestion on CBAM, come up with whatever good for Industry: Goyal

The minister said he feels the CBAM will hurt the EU "very" badly, as infrastructure, cost of…

PTI   


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1 min read

Indian consumers shifting towards low-sugar beverages, high GST rates stalling growth in carbonated soft drinks market

India's carbonated soft drinks segment faces challenges due to a 40% tax rate under GST, hindering …

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3 mins read

Carbon tax turns into climate fight at COP28

The European Union's plan to impose a tax on the carbon pollution emitted to make goods imported fr…

PTI   


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2 mins read

Here's an idea: a worldwide universal basic income paid for by a carbon tax. A study found that it could boost the global GDP by 130%.

A global universal basic income funded by carbon taxes could grow the global GDP by 130% while prom…

Katie Balevic   


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3 mins read

India should use calibrated retaliation mechanism to deal with EU's carbon tax, says report

India should positively consider imposing retaliatory customs duties in a calibrated manner on cert…

PTI   


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3 mins read

Zero-carbon energy generated a record 41% of US power in 2023

The US was the second-largest investor in the energy transition in 2023, after China, according to …

Catherine Boudreau   


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2 mins read

Carbon markets are supposed to fight climate change. But prices have collapsed with no solution in sight.

"There are less credits that have been issued, but the demand is falling faster than the supply."

Aruni Soni   


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4 mins read

North America's largest steel mill has a plan to reduce emissions and it's a perfect example of why carbon capture is so controversial

US Steel said it can cut carbon emissions by about 0.5% a year by 2026 using carbon capture technol…

Catherine Boudreau   


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3 mins read

OPINION: Tax consolidation schemes is the need of the hour for India’s renewable energy sector

India has made revolutionary development in the renewable energy (RE) sector. In the last 7.5 ye…

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3 mins read

Why Exxon Mobil is spending $4.9 billion on a company that pumps carbon dioxide back into the earth

Exxon Mobil's deal to acquire oil company Denbury shows the oil giant's interest in getting ready f…

Catherine Boudreau   


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2 mins read

Elon Musk said the Biden administration rejected his idea of a carbon tax as 'too politically difficult'

"I think the Biden administration should take a strong stance on the situation," Elon Musk said dur…

Isobel Asher Hamilton   


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2 mins read

Elon Musk's private jet emitted 132 times as much carbon as the average American does in an entire year

Elon Musk flies private every two days on average. His carbon footprint from just that activity dwa…

Eliza Relman   


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2 mins read

Sen. Ed Markey announces bill to raise taxes on private jets and their ultra-wealthy passengers

The Democrat wants to hike private jet-fuel taxes from $0.22 to $1.95 per gallon and use the revenu…

Eliza Relman   


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4 mins read

The money of America's top 10% is causing almost half of US emissions. So tax it, researchers say.

"Super emitters" earn about $11 million a year. In 15 days, their income can generate as much emiss…

Morgan McFall-Johnsen,Mariann…   


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3 mins read

The world is one step closer to making a business out of vacuuming carbon dioxide from the sky

Climeworks, which makes technology for pulling carbon dioxide from the air, hit a milestone when a …

Catherine Boudreau   


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3 mins read

India needs to invest $12.1 trillion to achieve carbon neutrality by 2050: McKinsey

India will need to invest an estimated $12.1 trillion by 2050 to achieve carbon neutrality, say…

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3 mins read

Left hanging by government, some businesses are trying to fight the climate crisis on their own

Some companies are stepping up to fight the climate crisis but without government mandating action,…

Tim Paradis   


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3 mins read

Indian trade unions to join global protests against Amazon India

Supply chain workers of Amazon in India are protesting against the e-commerce giant as part of a g…