Colombia’s proposed carbon tax reforms retain phase-in coal framework

Published 22:45 on August 12, 2022  /  Last updated at 22:45 on August 12, 2022  /  Americas, Carbon Taxes, International, Nature-based, South & Central, Voluntary Market  /  No Comments

New Colombian President Gustavo Petro retained phase-in carbon tax provisions on coal from the previous administration’s planned reforms, as well as inflation-adjusted annual increases to the levy that target equality and social justice objectives, according to a draft tax reform package submitted to Congress this week. 

New Colombian President Gustavo Petro retained phase-in carbon tax provisions on coal from the previous administration’s planned reforms, as well as inflation-adjusted annual increases to the levy that target equality and social justice objectives, according to a draft tax reform package submitted to Congress this week.

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