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Shareholders Ramp up Suits over Environmental Risks
July 20, 2016
Madison Condon of Colombia University writes on a set of recent lawsuits in the US demonstrating that corporate shareholders are increasingly turning to the courts in cases of environmental disasters to claim that corporations did not properly inform them of the risks to the environment involved in their operations.
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France Plans Tax Increase on Coal-Fired Plants
July 20, 2016
As governments move to meet their greenhouse gas emissions pledges under the recent UN climate deal, Reuters reports that French Environment Minister Segolene Royal has announced her approval of a recommendation from a government advisory committee to impose higher taxes or more stringent emissions standards on coal-fired power plants in the country.
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EU, Korea Establish Joint Carbon Tax Scheme
July 20, 2016
As part of a move to globalize its efforts to counter climate change, the EU is working with South Korea to ramp up the latter's efforts to impose a price on corporate greenhouse gas emissions in order to drastically reduce these emissions in both the EU and Korea by the year 2019.
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Ireland Climate Advisers Push EU Carbon Tax
July 20, 2016
John FitzGerald of the Irish Climate Change Advisory Council writes that the body has advised the Irish government to support a "floor" price for EU carbon emissions permits that would essentially impose a minimum tax for companies emitting greenhouse gases throughout the EU.
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EU-funded Project Seeks Airline Ticket Tax
July 19, 2016
The EU-funded FairTax project has called for the EU to introduce a "carbon-based flight ticket tax" for all flights departing from and arriving at EU airports in order to create a new source of funding for EU initiatives independent of the bloc's member states.
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