Colombia to allow emitters to use offsets to cover CO2 tax obligations

Published 18:01 on June 16, 2017  /  Last updated at 23:23 on November 23, 2022  /  Americas, Carbon Taxes, Nature-based, South & Central, US, Voluntary  /  No Comments

Colombia has approved a measure allowing fuel producers and importers to cover 100% of their carbon tax obligations through purchasing either domestic or international carbon offsets.

(Adds quotes, details including estimates on Colombian emissions and offset supply)

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