carbon tax
Sign in to savetax on the carbon content of fuels
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Vinony's link graph records 1,369 inbound references to carbon tax, and connects out to global warming potential, greenhouse gas emissions and carbon emission trading.
It sits within the topics Carbon finance, Environmental law and Environmental tax.
Vinony links it to 35 Wikipedia language editions.
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- WikiProject Climate change
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Encyclopedic overview
A carbon tax would add a fee for the carbon dioxide emitted from this coal-fired power plant in Luchegorsk, Russia.
A carbon tax is a tax levied on the carbon emissions from producing goods and services. Carbon taxes are intended to make visible the hidden social costs of carbon emissions. They are designed to reduce greenhouse gas emissions by essentially increasing the price of fossil fuels. This both decreases demand for goods and services that produce high emissions and incentivizes making them less carbon-intensive. When a fossil fuel such as coal, petroleum, or natural gas is burned, most or all of its carbon is converted to CO2. Greenhouse gas emissions cause climate change. This negative externality can be reduced by taxing carbon content at any point in the product cycle.
Excerpted from Wikipedia’s “carbon tax” article, available under the CC BY-SA 4.0 licence.