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Are companies allowed to use international carbon credits to meet part of their carbon tax liability?


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Updated by MSE
For now, companies may only use fixed-price credits issued by the National Environment Agency (NEA) to meet their carbon tax liability. Nonetheless, the Government is exploring the feasibility of enabling companies to partially offset their carbon tax liability with international carbon credits. We are studying the key design features, potential legislative changes and implementation options, and we will announce our decision in due course.

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