Americas > Chile to experience severe supply crunch of tax-eligible carbon offsets in 2024

Chile to experience severe supply crunch of tax-eligible carbon offsets in 2024

Published 16:38 on July 17, 2024  /  Last updated at 16:38 on July 17, 2024  / /  Americas, Carbon Taxes, International, Kyoto Mechanisms, South & Central, Voluntary

The South American country, which as of 2023 accepts select carbon credits in lieu of payment of its $5 per tonne tax, will see minimal supply emerge in 2024 despite hopes that the mechanism would take off once liable entities had sufficient time to source offsets.
The South American country, which as of 2023 accepts select carbon credits in lieu of payment of its $5 per tonne tax, will see minimal supply emerge in 2024 despite hopes that the mechanism would take off once liable entities had sufficient time to source offsets.


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