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Tuesday April 01, 2025

Carbon levy

By News Desk
March 29, 2025
Carbon levy

The government’s decision to introduce a carbon levy, as part of this week’s agreement with the IMF, raises serious concerns about its impact on an already inflation-stricken population. While the initiative may seem like a step toward environmental responsibility, it risks further burdening those who are already struggling to make ends meet. Investing in clean energy alternatives for lower-income groups, expanding public transport incentives and ensuring that tax revenue is transparently used for climate resilience projects rather than merely filling budget deficits would make this policy more justifiable. The idea of a carbon levy is not inherently flawed, but its execution must be fair and responsible. If the government truly aims for sustainability, it must avoid repeating the cycle where economic reforms disproportionately impact those least capable of bearing them.

Majid Burfat

Karachi