carbon tax
A carbon tax is a financial levy imposed by the government on the carbon content of fossil fuels or other greenhouse gas emissions. Its main purpose is to discourage the use of carbon-intensive resources and promote the reduction of carbon dioxide emissions, thereby addressing climate change concerns.
Requires login.
Related Concepts (25)
- carbon footprint
- carbon neutrality
- carbon offset
- carbon pricing
- clean energy sources
- climate change mitigation
- climate justice
- climate policy
- dynamic carbon pricing
- economic incentives
- emissions reduction targets
- energy transition
- environmental sustainability
- excise tax
- fossil fuels
- green economy
- greenhouse gas emissions
- greenhouse gas pricing
- international climate agreements
- low-carbon development
- mitigation strategies
- optimal carbon price levels
- pollution reduction
- renewable energy
- revenue recycling from carbon pricing