Iceland to Hike Tourism Tax to Ease Nature Impact, Premier Says

Iceland is turning to taxes to reduce the impact exponential growth in tourism has on its pristine wilderness, Prime Minister Katrin Jakobsdottir said.

“Tourism has really grown exponentially in Iceland in the last decade and that obviously is not just creating effects on the climate,” Jakobsdottir said in an interview with Shery Ahn on Bloomberg Television from New York on Wednesday.

“Also most of our guests visit our unspoiled nature and obviously that creates a pressure,” she said. One way to tackle the climate impact of increased travel is to raise taxes for those who stay in the country, though ...