‘Tax the bad’ to boost climate finance, COP28 panel advises


Source: reuters.com reuters.com

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[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. Summit host the United Arab Emirates, a major oil producer, has said the two-week meeting starting on Thursday...