Researchers call for variable carbon tax targeting luxury goods over basic needs

Published 16:01 on July 11, 2023 / Last updated at 14:41 on July 11, 2023 / / Americas (Compliance Markets & Taxes), Asia Pacific (Compliance Markets & Taxes), EMEA (Compliance Markets & Taxes, Europe), International

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Academics have proposed implementing a global carbon tax whereby different goods and services are subjected to varying levels of pricing according to their considered necessity for basic human life, with luxury services to receive a higher levy than food and heating energy use.
Academics have proposed implementing a global carbon tax whereby different goods and services are subjected to varying levels of pricing according to their considered necessity for basic human life, with luxury services to receive a higher levy than food and heating energy use.


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