Carbon Tax
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A carbon tax is a tax levied on the carbon content of fuels. It is a form of carbon pricing.
Agree:
Barack Obama Former President of United States of America
I have long believed that the most elegant way to drive innovation and to reduce carbon emissions is to put a price on it
Bob Inglis Former Congressman
You then offset that [carbon tax] with a reduction in payroll taxes, dollar for dollar. And that's why I was so flexible. It's a tax swap, that's what I was talking about. It wouldn't grow the government, and it would approximate the attachment of these negative externalities to combustion fossil fuels.
