Tesla to lose hundreds of millions of dollars in emission credit sales
5 May, 2021 07:40 PM
3 minutes to read
Stellantis has abandoned a deal to buy emission credits from Tesla as the combination of the two carmakers means they now comply with EU rules. Photo / AP
Stellantis has abandoned a deal to buy emission credits from Tesla as the combination of the two carmakers means they now comply with EU rules. Photo / AP
Financial Times
By: Peter Campbell and David Keohane
Fiat owner Stellantis no longer needs to buy credits from Elon Musk s group to meet CO2 goals. Tesla is set to lose hundreds of millions of dollars this year in payments after carmaker Stellantis ditched
Publishing date: Apr 06, 2021 • 3 hours ago • 3 minute read • Some countries such as France have implemented temporary digital taxes to raise revenue from U.S. tech giants until a global deal is agreed; the U.S. has threatened them with tariffs in retaliation. Photo by Denis Charlet/AFP via Getty Images files
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The world’s leading economies are close to agreeing on a set of principles that would revolutionize the taxation of multinationals after France and Germany threw their support behind a new U.S. approach to the issue.
Talks on how to make it difficult for international companies to shift profits around the world to minimize tax have been stuck at the The Organisation for Economic Co-operation and Development for years, but are now progressing rapidly according to several governments.
The Local
The Local
The Local
08:42 CEST
To help restaurants and bars cope with the economic crisis caused by the coronavirus lockdown, Paris city hall allowed them spill onto roads, pavements, squares and pretty much any space they could find. Both Parisians and owners want the measure to stay, but will they get their way? Olivia Sorrel-Dejerine went to find out. It s lunchtime in Paris and the restaurants and bars along the canal banks in the 19th arrondissement in the northeastern part of the city are filling up with the usual clients. The guests sitting on the terraces were not crammed in as they often are in Paris, but comfortably spread out around the terraces, which had been extended by the owners after a special permission granted by the mayor s office.
Why the CEO of one of the world s biggest energy companies believes renewables are in bubble territory calgaryherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calgaryherald.com Daily Mail and Mail on Sunday newspapers.