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Could EPA's New Greenhouse Gas Rules Open The Door To A State-based Carbon Tax?

2014-06-02 23:57:00| Climate Ark Climate Change & Global Warming Newsfeed

Forbes: EPAs proposed tough new standards for power-plant emissions of greenhouse gasses opens the door to new state or regional cap-and-trade systems to limit carbon discharges. It is less clear whether it would go the next step and permit states to impose their own carbon tax. The proposed EPA rules, which Brookings senior fellow Barry Rabe describes as climate federalism, seem to acknowledge the demiseat least for nowof a single federal solution to the climate problem. Instead, it grants states...

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Japan May auto sales drop 1.2 pct after April sales tax hike

2014-06-02 09:51:35| Auto Dealers - Topix.net

Japanese auto sales in May dropped 1.2 percent from a year ago, industry data showed on Monday, as the pace of decline eased from the previous month when a sales tax hike sapped demand.

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Japan seeks tax relief for its firms in Narendra Modi govt's first Budget

2014-06-02 07:10:38| Food - Topix.net

THE Japanese government has asked the Narendra Modi government to cut a $3 billion retrospective tax bill on Japanese companies operating in India, claiming it was 'unreasonable' and 'discriminatory'.

Tags: japan tax budget relief

 

Japan seeks tax relief for its firms in Narendra Modi govt's first Budget

2014-06-02 06:38:15| Grocery - Topix.net

THE Japanese government has asked the Narendra Modi government to cut a $3 billion retrospective tax bill on Japanese companies operating in India, claiming it was 'unreasonable' and 'discriminatory'.

Tags: japan tax budget relief

 

United Kingdom: George Osborne accused making climate change worse with tax breaks

2014-06-01 20:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Friends of the Earth has accused the chancellor George Osborne of exacerbating climate change by handing out 2.7bn of incentives to energy companies to fuel North Sea oil and gas production. FoE said he was too focused on propping up oil companies at the expense of making renewable energy cheaper. David Powell, economics campaigner at FoE, said: "The chancellor falls over himself to claim renewable energy is expensive, while bending over backwards to offer oil barons massive tax breaks. "Reducing...

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