Mexico: Initiative to modify the Federal Rights Law

Intends that fossil fuels pay a right based on the Carbon Dioxide (CO2) emitted during their combustion, penalizing their consumption under “the polluter pays principle”. For liquid fuels, it proposes rights of 0.52¢ to 0.97¢ peso per liter and a greater tax for solid fuels. For natural gas, it proposes rights of 19.7¢ of weight per thousand cubic feet. Income generated will be destined to the promotion of RE.

References: