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South Korea delays smog tax; starts emission trading in 2015 - finance minister
2014-09-02 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: South Korea has delayed a proposed tax on vehicle carbon emissions by over five years to the end of 2020, but confirmed it would push ahead with plans to begin its carbon emissions trading scheme from the start of 2015, finance minister Choi Kyung-hwan said on Tuesday. The finance ministry said in a meeting with other ministers that the so-called smog tax, which has already been postponed by more than two years, would place too much of a burden on industry if it was launched at the same time as...
Chile Carbon Tax Coming Up This Week
2014-09-02 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Clean Technica: This week, the government of Chile holds a final vote on its first carbon taxation scheme, also the first in South America, a measure to make fossil fuel generators pay for emitting greenhouse gases. The Chile carbon tax is part of a larger program of wide-ranging tax revisions introduced by the countrys popular center-left president Michelle Bachelet, partly to enact social reforms promised in her recent election. Though Chile has the highest per capita income in South America (near $20,000),...
Mining tax repealed by Australia
2014-09-02 08:45:08| BBC News | Business | UK Edition
Australia repeals a controversial mining tax after the government strikes a deal with business tycoon Clive Palmer's political party.
Tags: australia
tax
mining
repealed
Ascensiona s midyear sales tax collections soar amid growth
2014-09-02 02:05:28| Chemicals - Topix.net
Beneath a forest of cranes set against the backdrop of an already sprawling chemical plant, more than 2,000 construction workers are building a $2.1 billion expansion of CF Industries nitrogen complex on the west bank of Ascension Parish.
Tags: sales
tax
growth
collections
Japan Auto Sales Fall to Lowest in Three Years on Tax Increase
2014-09-01 07:53:43| Auto Dealers - Topix.net
Japan's auto sales tumbled to a three-year low last month, the latest sign that consumer spending is slumping in the world's third-largest economy following a sales-tax increase.
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