Fines on companies for carbon emissions can fund renewable energy+sustainability

Summary

We urge Parliament to impose fines of 5-15% of annual revenue on corporations based on their carbon emissions,with a 1.5-year grace period.Revenue should fund renewable energy,public transport,and sustainability projects.This initiative will encourage eco-friendly practices and combat climate change We would like Parliament to impose fines on corporations based on carbon emissions to combat climate change. Many large companies contribute significantly to greenhouse gases but lack incentives to adopt sustainable practices. Fines of 5-15% of their annual revenue will hold them accountable and encourage emission reductions. The revenue generated can be reinvested in renewable energy, public transport, and sustainability projects, promoting a healthier environment and economic growth.

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Timeline

1. 3 November 2024

   Petition

   We urge Parliament to impose fines of 5-15% of annual revenue on corporations based on their carbon emissions,with a 1.5-year grace period.Revenue should fund renewable energy,public transport,and sustainability projects.This initiative will encourage eco-friendly practices and combat climate change We would like Parliament to impose fines on corporations based on carbon emissions to combat climate change. Many large companies contribute significantly to greenhouse gases but lack incentives to adopt sustainable practices. Fines of 5-15% of their annual revenue will hold them accountable and encourage emission reductions. The revenue generated can be reinvested in renewable energy, public transport, and sustainability projects, promoting a healthier environment and economic growth.

   Source: Petition

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