Ecotax: GK, Current Affairs, Questions, Trivia and News

France to impose a green tax on plane tickets from 2020

The French government has decided to impose a tax of up to 18 euros ($20) on plane tickets for all flights from airports in France to fund less-polluting transportation projects. The move, which will take effect from 2020, will see a tax of 1.5 euros imposed on economy-class tickets on internal flights and those within ..

Carbon Tax

The tax that is levied on the carbon content of fuels is called Carbon Tax. So, in Carbon Tax, the burning of fossil fuels viz. coal, petroleum products such as gasoline and aviation fuel, and natural gas is taxed in proportion to their carbon content. The result is an increase in the competitiveness of non-carbon ..

Singapore declares to impose a ‘carbon tax’ from 2019 to cut its greenhouse gas emissions

The Singapore government will impose a ‘carbon tax’ from 2019 to cut its greenhouse gas emissions and make companies more competitive as global agreements on climate change take effect. According to government, the tax would be levied on all facilities producing 25,000 tonnes or more of greenhouse gas emissions a year. The tax, to be ..