carbon tax


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carbon tax

a tax on the emissions caused by the burning of coal, gas, and oil, aimed at reducing the production of greenhouse gases
References in periodicals archive ?
Basically, the Carbon tax boils down to a 12-cent per gallon fuel tax that increases a minimum of 2-cents per year until 2030.
Still, my call for more proper taxation of coal-which I explained to be a relatively painless way of raising much needed revenues for the government ('Let's get the carbon tax right,' 9/26/17)-met strident resistance even from some of my economist-friends.
A carbon tax obeys these proportions, taxing coal more heavily than petroleum products, and much more than natural gas.
Because of concern that a carbon tax may weaken the international competitiveness of countries levying it, several researchers have studied the influence of such a tax on industrial international competitiveness (Ho et al.
In Washington state, voters rejected what would have been the nation's first carbon tax - a tax on greenhouse gas emissions generated by burning fossil fuels such as oil, gas and coal.
This study closely models the design features of the tax as outlined in the 2013 Carbon Tax Policy Paper.
Works analysing the impact of carbon tax on individual ASEAN country are available, such as the ones by: Corong (2008) on the Philippines; Coxhead, Wattanakuljarus and Chan (2013) on Vietnam; and Yusuf and Resosudarmo (2015) on Indonesia.
Of course, any kind of carbon tax will disproportionately affect those who consume the most fossil fuel; that's how you change behaviour.
British Columbia started phasing in a carbon tax in 2008 and used the revenue to reduce income taxes.
The carbon tax repeal was greeted with approval by Australian industry groups, including those representing the mining industry, and was condemned by the opposition Labor and Greens parties and the environmental left.
The Australian Competition & Consumer Commission (ACCC) has started targeting companies now that the carbon tax has been scrapped.