COP29: BRIEFING – Israel readies carbon tax to shield companies from CBAM

Published 09:18 on November 15, 2024  /  Last updated at 09:18 on November 15, 2024  / /  CBAM, Climate Talks, EMEA

Israel is in the final stretches of preparing a tax on greenhouse gas emissions and air pollutants that parliament approved in September after years of debate in an effort to resolve a “significant market failure” caused when polluters don’t pay for their environmental damage. 
Israel is in the final stretches of preparing a tax on greenhouse gas emissions and air pollutants that parliament approved in September after years of debate in an effort to resolve a “significant market failure” caused when polluters don’t pay for their environmental damage. 


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