Green Party - ESG Foundation https://esgfoundation.org/category/green-party Environmental, social impact and corporate governance Sun, 17 Oct 2021 13:39:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 Greens call on government to bring in carbon tax at COP26 https://www.greenparty.org.uk/news/2021/10/13/greens-call-on-government-to-bring-in-carbon-tax-at-cop26/?utm_source=rss&utm_medium=rss&utm_campaign=greens-call-on-government-to-bring-in-carbon-tax-at-cop26&utm_source=rss&utm_medium=rss&utm_campaign=greens-call-on-government-to-bring-in-carbon-tax-at-cop26 Wed, 13 Oct 2021 21:00:00 +0000 https://esgfoundation.org/?p=10541 The Green Party is calling on the UK to announce a carbon tax at COP26, describing it as one of the greatest levers to drive change in society. The tax yield will help deliver a social dividend by funding cheap and accessible transport, free home insulation, and a basic income. They are proposing a carbon tax of £100 per tonne of carbon dioxideThe Green Party is calling on the UK to announce a carbon tax at COP26, describing it as one of the greatest levers to drive change in society. The tax yield will help deliver a social dividend by funding cheap and...

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]]> The Green Party is calling on the UK to announce a carbon tax at COP26, describing it as one of the greatest levers to drive change in society. The tax yield will help deliver a social dividend by funding cheap and accessible transport, free home insulation, and a basic income. They are proposing a carbon tax of £100 per tonne of carbon dioxideThe Green Party is calling on the UK to announce a carbon tax at COP26, describing it as one of the greatest levers to drive change in society. The tax yield will help deliver a social dividend by funding cheap and accessible transport, free home insulation, and a basic income. They are proposing a carbon tax of £100 per tonne of carbon dioxide rising to £500 by 2030, applied to all emissions, with some of the tax yield used to compensate those on lower incomes. The Green Party has calculated the UK will be responsible for around 800 million tonnes of CO2 equivalent in 2021 – 520m tonnes of production emissions, including aviation and shipping; an additional 30m tonnes for the high altitude factor on aviation; and 302m tonnes from imports.

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