Open g-dolphin opened 1 year ago
Consider including those sectors to the scope; and adjust coverage factor of the tax for these sectors.
The current encoding of the ISL carbon tax excludes coal. It seems that the ISL tax covers all installations in EU ETS sectors.
From WB CP dashboard: "While there is no explicit exemption for emissions covered by the ETS-system the carbon tax has not been levied on coal, and other solid fossil fuels since those are mainly used by heavy industry subject to the EU ETS. Similarly, the carbon tax has not been levied on aviation fuel since 2012, when the domestic aviation sector became a part of the EU ETS."
Jurisdiction(s) Iceland Year(s) Possibly all IPCC sector(s)
Product(s) (if applicable)
Scheme ID
Description of suggested change Scope; the scope of the tax extends to ETS sectors, but only those installations that are not covered by the EU ETS. URL or reference to source supporting the suggested change