Published on August 19, 2019.

This tax establishes an annual tax benefit tax on air emissions of particulate matter (PM), nitrogen oxides (NOx), sulfur dioxide (SO2) and carbon dioxide (CO2), generated by establishments whose fixed sources add up to a thermal power greater than or equal to 50 MWt. 

Currently, the level tax rate depends on the type of emission, in the case of PM, NOx and SO2, the tax is 0.1 dollar for each ton emitted, while CO2 it is $ 5 per ton emitted.

From an environmental point of view, the benefit of the existence of this tax is that it adds a defined value to the use of more polluting fuels, which encourages the use of fossil fuels that pollute less, to make investments in supply equipment to capture emissions. before they leave the fixed source or ultimately to use renewable fuels, such as biomass.

If you want to learn more about this topic, we invite you to read “¿Qué sabemos del Impuesto Verde y cómo se aplica en las industrias?”