Carbon tax

Carbon tax A carbon tax is a tax levied on the carbon content of fuels. It is a form of carbon pricing. Carbon is present in every hydrocarbon fuel (coal, petroleum, and natural gas) and converted to carbon dioxide and other products when combusted. In contrast, non-combustion energy sources—wind, sunlight, geothermal, hydropower, and nuclear—do not convert hydrocarbons to. is a heat-trapping "greenhouse" gas which represents a negative externality on the climate system (see scientific opinion on global warming). Since GHG emissions caused by the combustion of fossil fuels are closely related to the carb
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