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 ?
Building my argument by drawing on data collected from CLOSUP, The Economist, Institute of Public Opinion, IMF, IPCC, NYU Institute for Policy Integrity, Pew Research Center, Statista, World Bank etc., I performed analyses and made estimates regarding support for carbon taxes among U.S.
Recent studies estimate that substituting carbon taxes for other tax sources yields significant reductions in excess burdens.
The revenue carbon taxes generate are either distributed as dividends to the public or spent on a government priority, sometimes tied to climate change.
Mr Davies said producing steel uses huge amounts of energy and UK companies face paying the highest energy prices in the EU as a direct result of various carbon taxes which have been imposed to tackle global warming.
Revenue generated by carbon taxes could be used for a variety of purposes.
There were also a number of subnational regimes (such as the carbon taxes in British Columbia and Quebec).
He doesn't discuss a carbon tax, but allows the title to persuade readers to oppose carbon taxes. Readers, bogged down in the dense discussion of the social cost of carbon, may not understand the text of his article but get the idea carbon taxes are dangerous.
There are various forms of carbon taxes already in effect around the world.
Revenue from carbon taxes, these economists say, could go toward paying off the debt or offseting reductions in tax rates to stimulate economic activity.
The official announcement on carbon tax is awaited in the New Year, and only time will tell how industry will respond to the imminent implications of carbon taxes to long term strategies.