14 February 2018 – Energy taxes in major advanced economies are not doing enough to reduce energy use, improve energy efficiency and drive a shift toward low-carbon sources, the Organization for Economic Co-operation and Development (OECD) said on Wednesday. Taxes on energy use, such as fuel, carbon taxes and excise duties, are used by many governments to make energy consumers pay for the costs of pollution, thereby reducing harmful greenhouse gas emissions which lead to global warming. Read the full article on the Reuters website.
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