Carbon Offsets Daily

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  • Published: Jun 24th, 2009
  • Category: Asia
  • Comments: 1

Carbon tax was govts own choice: IMF

| Sourced From Thenews.com |

ISLAMABAD: Paul Ross, the resident chief of the International Monetary Fund (IMF) in Pakistan, said on Monday that the imposition of fixed carbon surcharge on petroleum products was the choice of the government to generate revenues and the IMF did not impose it as a condition under the standby arrangement (SBA).

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Pakistan: CDA planning to launch Carbon Credit Project

ISLAMABAD: Capital Development Authority (CDA) is planning to launch Carbon Credit Project to make Islamabad a carbon neutral city.

The project is aimed at decreasing carbon emissions in the city and controlling global warming. The CDA has identified some sources to utilise them for carbon credits, said Sajjad Shah, CDA Environment Wings deputy director.

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