carbon taxes

Pollution fee policy

Carbon taxes are fees levied on fossil fuels based on how much carbon dioxide they release when burned.

The idea is to make pollution costly, encouraging businesses and consumers to shift toward cleaner energy: The proposed carbon tax would add fifteen cents per gallon to gasoline.

Economists across the political spectrum often favor carbon taxes as a market-based approach to reducing emissions.

Opposites
climate policy approach

carbon taxescap-and-trade

Market-based pollution control

emissions trading · carbon markets · carbon offsets · performance standards

fossil fuel policy stance

carbon taxesoil subsidies

Government aid to petroleum

energy subsidies · carbon credits

regulatory philosophy

carbon taxeslaissez-faire

Noninterference in commerce

deregulation

Family

taxing, carbon, taxes, taxation, carbonated, carbohydrate, carbonation, taxable, carbonate

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Rated G