Carbon Levies

Carbon Levies A Concern

The ICCC slams the carbon levies and proposed manual collection of these levies by the Climate Change and Development Authority (CCDA).

ICCC Commissioner says it does not support the manual collection of the carbon levies because there are already Government systems in place to enable the CCDA to transparently and efficiently do this.

He said its concerns mirrored those of stakeholders’ about the manner in which this matter was pushed through without proper legal consultation.

ICCC warns against Carbon levies

In a recent media statement, the ICCC addressed its concerns, saying there was a lack of meaningful consultations with the affected industries on the matter, and the legal process used to introduce these new levies and its adverse impact on consumers and businesses in PNG.

ICCC Commissioner and Chief Executive Officer, Paulus Ain said, these carbon levies were initially gazetted by the Ministry of Finance in National Gazette No. G304 on 27th May, 2020 and then amended in National Gazette No. G673 on 12th October, 2020 and reflected as an increase in excise tariffs.