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Chile set to pass Latin America’s second carbon tax

Posted on 29 August 2014

Chile is set to approve a carbon tax next week, making it the second country after Mexico in Latin America to put a price on polluting. The carbon tax will go before the House of Representatives in the first week of September, as part of a broader package of tax reforms. If approved, Chile will start charging US$5 per tonne of CO2 from 2017, around $2 more than in Mexico.
“Chile is not a great contributor to greenhouse gas emissions, but we are very vulnerable. It is in our national interests to see significant commitments in terms of climate change,” said Gariazzo Rodrigo Pizarro, head of the division of environmental economics in the Chilean government………………………………………..Full Article: Source


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