Tag: #carbonfee

  • Carbon Tax vs. Carbon Fee in a nutshell

    Carbon Tax vs. Carbon Fee in a nutshell

    [Image from https://commons.wikimedia.org/wiki/File:Ccl_climate_dividend_cycle_english.svg] Carbon Tax A carbon tax is a financial charge imposed on the carbon content of fossil fuels. Its primary goal is to reduce greenhouse gas emissions by making fossil fuels more expensive. Thereby, it encourages businesses and consumers to shift towards cleaner energy sources. The tax is typically applied at various points…