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At the start of 2008, the Netherlands will introduce a "carbon based" tax on packaging materials — the first in Europe. The fee for packaging processors will be levied according to a calculation of CO2 emissions from the production of each kilogram of packaging material. Companies who produce less than 15,000 kilograms will be exempt, but this is thought to be only about 5% of the country's production. The Netherlands' Ministry of Finance thinks the measure will generate 240 million euros ($352 million) in 2008. The tax will likely set a precedent for other European governments.
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