WATCHING THE WORLD CARBON TAX RETURNS TO THE 'PENDING' FILE

With David Knott from London The European Community was placed in a quandary at the United Nations Earth Summit by President Bush's suggestion that the U.S. taxpayer is an endangered species. Only the previous week EC approved its new carbon tax, intended to reduce greenhouse gas emissions. It will place a $3/bbl levy on oil beginning in January 1993, rising in $1 steps to $10/bbl by 2000. But EC also decided the tax should be implemented only if its main industrial competitors introduce

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Home