carbon tax


Also found in: Medical, Encyclopedia, Wikipedia.

carbon tax

n
(Environmental Science) 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 ?
Eliminating or reducing the Carbon Tax on natural gas would be consistent with the objectives specifically mentioned in the Report by creating an incentive to shift away from higher GHG fuels such as coal, gasoline, and diesel.
com)-- The proverbial axe is falling on "business as usual" as every industry in South Africa, from mining to manufacturing to retail, is cringing at the thought of rising energy tariffs and the impending implementation of a carbon tax.
But Mr Faughnan fears the Government will sneak in a price hike under a carbon tax increase.
It s time for Obama to exert his intelligence, courage and political legerdemain and lead the way toward a workable carbon tax.
Among other issues, Dr Hansen questioned the effectiveness of carbon trading in reducing emissions, calling instead for an 'honest, clear and effective' carbon tax to more directly reduce dependence on coal and other fossil fuels.
Or should a carbon tax be imposed on goods and services that generate greenhouse gases?
Even Stephane Dion, with his PhD, has a hard time explaining his carbon tax proposal to members of his own party.
Their concern was the growing push for a national carbon tax and cap-and-trade emissions program, which B.
MURPHY) -- A carbon tax in Australia is "unavoidable' to achieve significant reductions in greenhouse gas emissions, according to HSBC Bank Australia chairman Graham Bradley.
Assume such a coalition passes a substantial carbon tax, and not much else.
Toyota New Zealand recently said the idea of a carbon tax will have to be revisited for Prime Minister Helen Clarke's vision of a carbon-neutral country to become a reality.
The secondary objection is that a carbon tax is politically unfeasible.