LOOK OUT new TAX'S are been talked about, at CO29. Levying a charge on cryptocurrencies – which are energy-intensive to create – could be one option, the report found. Charging just $0.045 per kWh for the energy would produce $5bn, it said. A plastics production levy, charged on producing plastics from polymers rather than from recycled material, could yield $25bn-$35bn a year if set at $60 to $90 a tonne. Even more effective would be a 2% wealth tax, an idea championed by Brazil, which could yield $200bn-$250bn a year. Taxing frequent flyers and business class airline tickets could generate up to $164bn a year, depending on the design of the scheme. https://www.theguardian.com/environment/2024/nov/15/cop-summits-no-longer-fit-for-purpose-say-leading-climate-policy-experts