June 27th, 2014 (InsideCostaRica.com) Lawmaker Jorge Rodriguez has introduced a bill that would increase income tax on any business that is not certified as “carbon neutral” by relevant authorities. The plan would also provide a tax break for a number of years for those companies that do carry the certification.
“Supporting the national goal of achieving carbon neutrality by 2021, I consider it necessary and appropriate to strengthen and stimulate action to ensure that all public and private companies in the country are committed to achieving this objective,” Rodriguez said.
Rodriguez believes that the bill would be an incentive for businesses in the country to become certified carbon neutral, and is not intended to discourage investment.
“We propose an incentive to the attainment of the goal [of carbon neutrality], encouraging and rewarding those who contribute to the environment, but at the same time punishing those who do not mitigate the harmful effects that are detrimental to the environment,” Rodriguez said.