ECONOMY - FINANCE - BUSINESS / Taxation

Carbon tax should apply to carbon emissions from all sectors at same rate, according to Tax Foundation Europe

Luxembourg, 21/06/2024 (Agence Europe)

Ideally, a carbon tax should apply to the carbon emissions of all sectors at the same rate, according to a study by the business-oriented think-tank Tax Foundation Europe, published on Tuesday 18 June.

All Member States of the European Union plus Iceland, Liechtenstein and Norway are part of the European Union Emissions Trading System (EU ETS), a market created to trade a capped number of greenhouse gas emission allowances (see EUROPE B13435A11). 

Some countries apply multiple excise...