Philippines ministry backs intensity-based carbon market

Published 09:04 on June 18, 2021  /  Last updated at 09:12 on June 18, 2021  /  Asia Pacific, Other APAC  /  No Comments

The Philippines Department of Finance is backing an intensity-based emissions trading scheme initially limited to the power industry, rather than a carbon tax, according to reports in local media.

The Philippines Department of Finance is backing an intensity-based emissions trading scheme initially limited to the power industry, rather than a carbon tax, according to reports in local media.

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