'Climate Damages Tax': Fossil fuel levy could raise $720bn to tackle climate crisis

James Murray
clock • 5 min read
'Climate Damages Tax': Fossil fuel levy could raise $720bn to tackle climate crisis

Campaign groups propose tax on fossil fuel extraction to help bridge climate funding gap through to the end of the decade

A tax on the extraction of fossil fuels in the world's richest economies could raise $720bn by the end of the decade to help accelerate development and decarbonisation in the world's most climate vulnerable...

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