At midday, the traffic light coalition presented plans for cuts and savings. The Chancellor emphasised the necessity of this despite his unpopularity. The government statement focussed on the EU summit. The CO2 levy will increase drastically from 2024: from 30 to 45 euros per tonne, rising to 55 euros the following year. Refuelling and heating will become considerably more expensive.
Carbon credits: a new challenge for Luxembourg fund managers
Carbon credits: a new challenge for Luxembourg fund managers are rapidly gaining traction as an attractive new asset class for fund investors, reflecting increasing global commitments to carbon neutrality.
