Environmental groups propose tax on basic chemical manufacturing
By 
Rebecca Trager2020-09-29T14:28:00
A coordinated 0.5% fee on chemical feedstocks could generate $11.5bn to fund chemicals and waste management globally
Chemical producers would pay a 0.5% tax on the basic chemicals that they make, under an idea being floated by the Center for International Environmental Law (CIEL), a US environmental group, and the International Pollutants Elimination Network (IPEN), a global network of environmental health NGOs. The tax would cover basic chemicals such as ammonia, chlorine and methanol and the revenue would be used to fund chemical waste management.