Colombia’s new administration seen setting limits on offset usage in carbon tax reforms

Published 18:46 on September 28, 2022  /  Last updated at 22:15 on November 23, 2022  /  Americas, Carbon Taxes, International, Nature-based, South & Central, Voluntary  /  No Comments

Carbon tax reforms recently unveiled by Colombia's newly elected leftist President Gustavo Petro are viewed by some observers as including controversial provisions that impose new limits on the use of offsets, measures that are causing confusion amongst stakeholders and potentially dimming the prospects for the passage of the legislation.

Carbon tax reforms recently unveiled by Colombia’s newly elected leftist President Gustavo Petro are viewed by some observers as including controversial provisions that impose new limits on the use of offsets, measures that are causing confusion amongst stakeholders and potentially dimming the prospects for the passage of the legislation.

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