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Villafuerte's proposed green tax to hit 2 birds with 1 stone

Summary by Manila Bulletin
(MANILA BULLETIN)       A green tax measure is being sought by Camarines Sur 2nd district Rep. LRay Villafuerte under House Bill (HB) No.2894, or the proposed Piso para sa Kalikasan (A Peso for Nature) Tax.Villafuerte says HB No.2894 represents the country’s first-ever carbon tax on electricity (CTE), which intends to augment state coffers while keeping the Marcos administration on track for its ambitious goal of a low-carbon economy.   “One win…

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Manila Bulletin broke the news in on Sunday, January 26, 2025.
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