from Wiktionary, Creative Commons Attribution/Share-Alike License.
from Wiktionary, Creative Commons Attribution/Share-Alike License
At the November 2007 OPEC summit meeting in Vienna when Ecuador came back to this organization, OPEC approved in principle a resolution in support of the Yasuni-ITT proposal (to leave oil in the ground in a territory with uncontacted indigenous people and of great biodiversity value), and it also voiced interest in the so-called Daly-Correa ecotax.
This ecotax would make acceptance of climate change easier for oil exporting countries (and also, if imitated, for gas and coal exporting countries).
They may also be implemented in the context of broader economic issues, such as shifting the tax burden from labour to non-renewable resources through an ecotax at the national or multinational level (see chapter 11).