‘Tax the bad’ to boost climate finance, COP28 panel advises
November 29, 2023[1/3] A general view shows Marathon Petroleum’s refinery, following Russia’s invasion of Ukraine, in Anacortes, Washington, U.S., March 9, 2022. REUTERS/David Ryder//File Photo Acquire Licensing Rights
Summary Climate finance stalls as government debts grow
Policy options include aviation, maritime levies
Moral case for oil companies to contribute, panel says
Nov 29 (Reuters) – Increasing taxes on polluting activities and cutting fossil fuel subsidies could generate trillions of dollars to tackle climate change, an advisory panel to the COP28 talks in Dubai said.…
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