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carbon tax English

Meaning carbon tax meaning

What does carbon tax mean?

carbon tax

tax levied on the use of fossil fuels

Examples carbon tax examples

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News and current affairs

This does not mean an increase in overall taxation, but simply a substitution in each country of a pollution (carbon) tax for some current taxes.
Governments talk far too much about setting a relatively high carbon tax on emissions, while focusing far too little on ensuring a meaningful increase in research and development to bring about necessary breakthroughs.
This flies in the face of conventional thinking, which continues to claim that mandating carbon reductions - through cap-and-trade or a carbon tax - is the only way to combat climate change.
A tax on carbon should be equivalent to its damage.

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