Luxembourg latest European nation to introduce carbon tax on fossil fuels

Published 15:25 on December 7, 2019  /  Last updated at 13:34 on December 9, 2019  /  Carbon Taxes, EMEA, EU ETS  /  No Comments

Luxembourg will introduce a domestic tax on fossil fuels to help meet its climate targets, the government announced Friday, making the landlocked microstate the latest European nation to implement carbon pricing beyond the reach of the EU ETS.

Luxembourg will introduce a domestic tax on fossil fuels to help meet its climate targets, the government announced Friday, making the landlocked microstate the latest European nation to implement carbon pricing beyond the reach of the EU ETS.

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