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Netherlands to Put Minimum Price on Carbon Emissions

Tax AnalystsBy Tax Analysts

As of 1 January 2020 the government wants to introduce a minimum price for CO2 emitted in the Netherlands during the production of electricity. State Secretary for Finance Menno Snel and Minister of Economic Affairs and Climate Policy Eric Wiebes submitted a bill on this matter to parliament today. A minimum carbon price will encourage businesses to make their operations more sustainable. The measure will give electricity producers long-term certainty about their minimum costs, stimulating them to consider the effects of carbon emissions for people and the environment in their investments.

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By Tax Analysts, posted on Thursday June 6, 2019
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