“The scenario of deep decarbonization, which takes into account significant measures to include new regulated sectors of the economy in the ETS (emissions trading system - KazTAG) and the introduction of a carbon tax in Kazakhstan for unregulated sectors of the economy (will lead to a reduction in GHG emissions (greenhouse gases - KazTAG) up to 80% ). The volume of additional investments is estimated at $ 562.3 billion. These measures will eliminate the carbon tax for Kazakhstani goods by reaching the level of the EU carbon price, ”Mamin said, responding to a request from a group of Majilis deputies regarding the carbon tax on imports.
Parliamentarians in their request indicated that in order to strengthen incentives for a green economy, taking into account the consequences of the pandemic, the EU states are going to introduce a carbon tax on imports from 2022.
“This causes our concern, as more than half of exports from Kazakhstan go to European countries,” said Majilis deputies.
Photo source: picture from an open source