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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.
Erik Solheim Executive director of UN Environment
The profit of destroying nature or polluting the planet is nearly always privatized, while the costs of polluting the planet or the cost of destroying ecosystems is nearly always socialized. That cannot continue.
Charles Wheelan I teach public policy at Dartmouth. I am the author of Naked Money, Naked Statistics, and othe
Even in the face of uncertainty over the effects of global warming – including whether it is happening at all – the policy we ought to pursue is a no-brainer. We ought to protect ourselves from a potentially catastrophic outcome by curtailing carbon emissions now.
James Baker American attorney and statesman
You can't look at this as a tax, even though the word 'tax' is used
Lawrence Summers Economist and Harvard University Professor
But there should be no doubt that starting from the current zero tax rate on carbon, increased taxation would be desirableDisagree:
