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carbon tax
(redirected from CO2 regulation)

   Also found in: Medical, Encyclopedia, Wikipedia 0.01 sec.
carbon tax
n
(Life Sciences & Allied Applications / Environmental Science) a tax on the emissions caused by the burning of coal, gas, and oil, aimed at reducing the production of greenhouse gases


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With CO2 regulations becoming increasingly stringent and the value of ERC by-products on the rise, this program may offer Mantra and its testing partner the support needed make ERC a profitable CO2 recycling solution for emitters of many types.
However, the White House said it would prefer to avoid CO2 regulation, arguing the adoption of a law introducing a ceiling for greenhouse gas emissions as well as a so-called "cap and trade" system would create strong economic incentives to develop new clean energy sources and create millions of new jobs.
The adoption of the new car CO2 regulation in December 2008 set a phase-in target for vehicle manufacturers to ensure their average fleet emissions do not exceed 130g/km by 2015.
 
 
 
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