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 ?
Also this month, BNCW members attended a "town hall meeting" hosted by 12th District Senator Brad Hawkins regarding the Carbon Tax bill currently in the State Senate.
Prominent economists have long endorsed a carbon tax, or a tax on CO2 emissions by taxing the fuels that produce it, as an efficient tool for arresting climate change, implemented in various forms by many countries around the world.
Carbon tax is probably the only way to force carbon fuel users to pay for the damage caused by releasing carbon dioxide into the atmosphere.
However, few empirical studies have analyzed the influence of a carbon tax on LCTC.
In last week's election, voters in two states declined to make themselves guinea pigs, rejecting a proposal for a single-payer health plan in Colorado and a proposal for a carbon tax in Washington state.
The National Treasury today publishes a carbon tax modelling report entitled: "Modelling the Impact on South Africa's Economy of Introducing a Carbon Tax".
A case study of a carbon tax, or a levy on carbon dioxide (C[O.
President Barack Obama's proposal few days ago for a $10-a-barrel tax on oil, which has been overwhelmingly rejected by Republicans, could make it easier for the next president to pass a carbon tax -- by demonstrating how not to go about it.
A carbon tax would raise the price of fossil fuels, with more taxes collected on fuels that generate more emissions, like coal.
In addition, meaningful climate mitigation policies require bringing together three elements: first, an objective in terms of targets and timelines for GHG reductions; second, a choice of policy instruments (subsidies or tax incentives, regulation, carbon tax or cap and trade, research and development); third, the design of those policy instruments to achieve the objective.
Topics include an early view of carbon pricing in Australia from the inside, the carbon tax and its effect on the public debate on climate change, the carbon tax and tax reform debate, the impact of carbon prices on Australia's national electricity market, modeling the impact of the Australian greenhouse emissions trading scheme on farm and fishery businesses, and observations and insights on agricultural adaptation.
With the carbon tax gone goes also a 9% impost on the price of power, a $9 billion a year handbrake on our economy, and a $550 a year hit on households' budgets.