Carbon Trade Minus Tax
Monday, 7 November 2022
The environment and forestry ministry issues a regulation for implementing the carbon economic value. It is prone to be misused for greenwashing by emission producers.
THE environment and forestry ministry issued a regulation on the implementation of carbon economic value on September 21. This regulation, a derivative of Presidential Regulation No. 98/2021 on the implementation of the economic value of carbon, was promulgated on October 20.
In its “Considerations” point, the Environment and Forestry Minister Regulation No. 21/2022 refers to the updated Nationally Determined Contribution (NDC) target.
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