A tax related to the carbon content of coal, natural gas or oil, which is imposed to improve the natural environment. The tax can take the form of a fixed amount per ton of carbon embodied in each fuel or be an AD VALOREM TAX. The level of the tax is...

The name applied to a range of taxation possibilities levied on FOSSIL FUELS proportionate to the amount of CARBON DIOXIDE emissions generated by their use. The philosophy of such a taxation initiative is both to raise the price of those fuels that...

To limit and control the amount of carbon dioxide (CO2) added to the atmosphere, special taxes, called carbon taxes, have been proposed and in some cases adopted, on fuels containing carbon. Fuels such as coal, gasoline, heating oil, and natural gas,...

A carbon tax is a tax on energy sources which emit carbon dioxide. It is an example of a pollution tax, which some economists favor because they tax a "bad" rather than a "good" (such as income). Carbon taxes address a negative externality, and so are...

Some economists propose that by taxing pollutants such as carbon, treasuries can add to their revenues while countries become cleaner. The danger of such a plan is that energy prices and unemployment could rise if the revenues were not wisely recycled. MOST taxes...

Much of the discussion regarding policies to reduce the emission of carbon dioxide ([CO.sub.t]) and other greenhouse gases focuses on least-cost strategies. Policies that minimize costs are desirable because they are economically more efficient than policies that are based on a command and...

A House committee chairman is trying to show his Democratic colleagues that people in the U.S. are not ready to pay the full costs of fixing global warming.Rep. John Dingell, chairman of the House Energy and Commerce Committee, says he will propose a "carbon tax"...

The United States could face possible European carbon taxes on its exports if it does not sign global climate accords, French President Jacques Chirac was quoted as saying in an interview published Thursday."A carbon tax is inevitable," Chirac reportedly said in the interview with the...