Oregon governor pursues climate change package
Kulongoski rolled out an ambitious "climate change" package to reduce carbon emissions and establish more wind and solar energy incentives, along with supporting energy efficiency and electric cars.
Kulongoski also plans to provide details on how he wants Oregon lawmakers to implement a new Western regional plan to cap and trade greenhouse gas emissions by utilities and industries.
As he heads into what will be his final regular legislative session as governor, Kulongoski believes he will find strong support from lawmakers for his proposals.
The Democratic governor says it's an effort worth making if the state really wants to get serious about global warming.
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Brazil tax strategy to bring down fuel, electricity prices seen having limited effects
BRASILIA - Brazil’s congress approved a bill that limits the ICMS tax rate that state governments can charge on fuels, natural gas, electricity, communications, and public transportation.
Local lawyers told BNamericas that the measure may reduce fuel and power prices in the short term but it is unlikely to produce any major effects in the medium and long term.
In most states the ceiling was set at 17% or 18% and the federal government will pay compensation to the states for lost tax revenue until December 31, via reduced payments on debts that states owe the federal government.
The bill will become law…