{"id":27600,"date":"2024-05-23T06:12:31","date_gmt":"2024-05-23T04:12:31","guid":{"rendered":"https:\/\/www.co2news.sk\/?p=27600"},"modified":"2024-05-23T06:16:36","modified_gmt":"2024-05-23T04:16:36","slug":"climate-damage-tax-cdt","status":"publish","type":"post","link":"https:\/\/www.co2news.sk\/en\/2024\/05\/23\/climate-damage-tax-cdt\/","title":{"rendered":"Climate Damage Tax (CDT)"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">Climate Damage Tax (CDT) is a fee for mining each ton of coal, <\/span><span data-preserver-spaces=\"true\">barrel\u00a0<\/span><span data-preserver-spaces=\"true\"> of oil or cubic\u00a0 \u00a0<\/span><span data-preserver-spaces=\"true\">metro <\/span><span data-preserver-spaces=\"true\">of gas, calculated at a consistent rate based on the amount of CO2e\u00a0 <\/span><span data-preserver-spaces=\"true\">contained\u00a0<\/span><span data-preserver-spaces=\"true\">\u00a0in fossil fuel.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">So he suggests\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.greenpeace.org.uk\/wp-content\/uploads\/2024\/04\/CDT_guide_2024_FINAL-1.pdf\" target=\"_blank\" rel=\"noopener\">tax administration<\/a><\/span><\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Taxing large fossil fuel companies based in some of the world&#039;s richest countries could raise billions of dollars to tackle climate change.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">It would further support renewable energy projects in low-income countries around the world.\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">In addition, the Paris Agreement places greater responsibility on wealthier countries to address climate change due to record high carbon emissions. Rich countries made commitments at COP summits, but then took only limited action.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Media reports say they have not raised enough funds or started new projects to help low-income countries fight climate change. A tax on oil and gas producers in rich countries such as the US, UK, Japan, Spain and Canada could finance developing countries and attract\u00a0<\/span><span data-preserver-spaces=\"true\">fund more investments\u00a0<\/span><span data-preserver-spaces=\"true\">. (<em>Source carboncredits.com)<\/em><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>A climate damage tax (CDT) is a fee for the extraction of every tonne of coal, barrel of oil or cubic metre of gas, calculated at a consistent rate based on the amount of CO2e contained in the fossil fuel. This is what the tax report suggests. Taxing large fossil fuel companies based in some of the world\u2019s richest countries could raise billions of dollars to tackle climate change. Further [\u2026]<\/p>","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-27600","post","type-post","status-publish","format-standard","hentry","category-klimaticka-zmena"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/27600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/comments?post=27600"}],"version-history":[{"count":0,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/27600\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/media?parent=27600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/categories?post=27600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/tags?post=27600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}