A EU CARBON PRICING FOR A SOCIALLY SUSTAINABLE ECOLOGICAL TRANSITION
Stop Global Warming is a European Citizens' Initiative (ECI) aiming at reducing the tax burden on low incomes while taxing the exploitation of natural resources. The aim is to discourage fossil fuel consumption, encourage energy saving and use of renewable sources.
The ECI proposes to introduce a floor on the price of CO2 emissions. The floor would start at 50€ for each ton of emission in 2020 and would increase up to 100€ in 2025.
The initiative suggests also to abolish the existing system of emission allowances for EU polluting companies and introduce a mechanism of price adjustment for non-EU imports to compensate for a lower CO2 emission price of the exporting county.
The increase in tax revenues will be reinvested in European policies to reduce income tax on low incomes while promoting energy savings and a shift to renewable energy sources.
THE EUROPEAN CITIZENS INITIATIVE NEEDS TO GAIN 1 MILLION SUPPORTS BY MID 2020. SIGN IT NOW.
IF YOU WANT TO KNOW MORE OR JOIN THE MOBILIZATION, PLEASE CONTACT CARLO MARESCA