Fossil fuel levies could raise billions globally for emissions cuts -study

Published 23:15 on July 30, 2025 / Last updated at 11:50 on July 29, 2025 / / Asia Pacific (Asia), EMEA (Africa, Europe), International (Aviation/CORSIA, Shipping, UN Climate Talks)

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Cooperation between countries on fossil fuel levies could raise tens of billion of dollars per year in finance to cut emissions in developing countries, or hundreds of billions if prices are also imposed on international aviation and shipping, according to research released on Wednesday.
Cooperation between countries on fossil fuel levies could raise tens of billion of dollars per year in finance to cut emissions in developing countries, or hundreds of billions if prices are also imposed on international aviation and shipping, according to research released on Wednesday.


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