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Germany Ponders CO2 Emission Fees
Germany is mulling a plan to levy a carbon tax of about €30 ($33) per metric ton of carbon dioxide emitted by the transportation and housing sectors.
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German regulators are mulling a plan that would levy a carbon emission tax of about €30 ($33) per metric ton of carbon dioxide emitted by the transportation and housing sectors, sources tell Reuters.
The plan would add an initial surcharge of about €0.10 (11 U.S. cents) per liter of gasoline or diesel fuel.
The scheme is part of a package of “green” initiative due today to help Germany meet European Union CO2 emission targets. Reuters says environmentalists have suggested that the general tax start at €40 per metric ton of emissions but rise to as much as €180 over 10 years.
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