The Euro Taxonomy
The ' EU Taxonomy timeline ’ was introduced to improve consistency in how businesses are treated by different Member States. It translates the descriptions of products, " Carbon credits ", or "unmistaken investment projects" into tax regulatory terms. Developed by the EU Commission for Environment , Traffic and Energy Policy, the EU taxonomy is a useful guide for the emanant market as well as information as to set a framework for difficult decisions. The EU taxonomy timeline is being implemented in phases, the first being in April 2021. In the first review of the results, formulated by the Commission , even comprehensive estimates of the carbon credit value Potential in EU member states have been accepted. This is the first time the exact total value of greenhouse emissions, quantified, was published. In June 2006, the Commission published a breakdown of the EU taxonomy timeline , starting with the EU carbon credit value to the Member States. In November