carbon tax
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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
Also found in: Medical, Encyclopedia, Wikipedia.
References in periodicals archive
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closure claims a Canadian company, and Ontario appeals carbon tax case to Supreme Court.
Durbin explained concisely why this type of policy is both fair and effective: when the revenue from the carbon tax is returned to consumers, "it becomes a tax reduction for most families, while in the marketplace it is a cost factor these businesses are taking into consideration."
I HAVE a big problem with the carbon tax in that it's just another tax with the name before it and apparently it's going up by [euro]10 per tonne in the Budget.
As I explain in this paper, one such solution could be a carbon tax. A well-designed carbon tax could raise significant revenues on an annual basis, which could then be used to achieve other social and economic policy goals (Mathur and Morris, 2015).
A carbon tax represents the most adequate policy for regulating carbon emissions while charging consumers (Hagmann and Loewenstein, 2019): it is a practical addition to emissions trading system and may advance enterprise low-carbon technology restructuring and distribution to a certain degree.
If you live in Saskatchewan, Manitoba, Ontario or New Brunswick, you've been hearing a lot about the carbon tax rebate coming your way after filing your 2018 income taxes.
Canada's federal government on Monday made good on an ultimatum to impose a carbon tax on four provinces that haven't fallen in line with its emissions reduction strategy.
A carbon tax makes fossil fuels like oil and coal more expensive.
(Such a tax could be extended to other greenhouse gases, but for simplicity this article will refer to a "carbon tax.") True to the right's "limited government" philosophy, many of these proposals would use the tax's resulting revenue to reduce other taxes that are more economically distortionary, resulting in a "revenue neutral" outcome.
Opponents of a carbon tax in Ontario, especially those holding elected office, are in a pretty sweet spot right now.
A carbon tax makes fossil fuels more expensive, in turn encouraging utilities, businesses and consumers to use less of them.
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