Tax havens exposed for rainforest and fishery destruction


Wednesday, August 15, 2018, 12:08 PM – The environmental degradation caused by tax havens and the North American diet, using artificial glaciers to mitigate the effects of climate change, and the pros and cons of solar geoengineering. It’s What’s Up in Climate Change.

TAX HAVENS LINKED TO DEFORESTATION AND ILLEGAL FISHING PRACTICES

Tax havens have longed been used to dodge regulatory watch dogs, avoid domestic taxation rates, and in some cases provide high levels of secrecy for business and other transactions. The Panama Papers leak in 2016 resulted in explosive findings of prominent politicians and businesses evading domestic taxes and raised questions of the legal and moral implications of tax havens. While they are not illegal, they present sociopolitical and economic challenges and OXFAM attributed them to largely contributing to the widening gap between the rich and the poor. In addition to contributing to global economic

... read more at: https://www.theweathernetwork.com/news/articles/whats-up-in-climate-change-tax-haven-environmental-degradation-artifical-glacier-north-american-diet-solar-radiation-management/109466

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