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Carbon taxes are an effective mechanism that work by creating certainty about the future cost of greenhouse emissions. Nevertheless, they are considered a somewhat less effective mechanism than an Emissions Trading Scheme (ETS).

Moreover, carbon taxes could at least partly fail to achieve their objectives if the certainty on which they rely is undermined. This could occur if business leaders are led to believe that future costs of carbon emissions may be lower than intended under the tax regime. To make carbon taxes really work as effectively as they should requires a level of political bipartisanship that transcends short-term political gain by either party. Once a carbon tax is implemented under due political process, it becomes time to stop political haggling and ensure business certainty is not undermined.

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When was No Carbon Tax Climate Sceptics created?

No Carbon Tax Climate Sceptics was created in 2009.


What are five examples of carbon tax?

Five examples of carbon taxes include Sweden's carbon tax, which is one of the highest in the world and aims to reduce emissions by encouraging cleaner energy use; British Columbia's carbon tax, which has been effective in reducing greenhouse gas emissions while promoting economic growth; France's carbon tax, implemented to meet climate goals; Norway's carbon tax, which targets emissions from fossil fuels; and the European Union’s Emissions Trading System (ETS), which functions similarly to a carbon tax by setting a price on carbon emissions through a cap-and-trade mechanism. Each of these initiatives aims to incentivize lower carbon emissions and promote sustainable practices.


What countries have a carbon tax?

Australia has imposed a carbon tax, not on its people, but on the major carbon polluters. The tax will be fully used to compensate people for any rising prices, and to fund research and development of renewable energy.


What is a carbon tax?

A carbon tax is paid by industries and companies that emit carbon dioxide. This encourages them to clean up their factories and workplaces so that they become cleaner, greener, and less polluting. Reducing carbon emissions will slow global warming. In Australia the tax is used to compensate consumers for any resulting rising prices.


How will the carbon tax affect Australia?

The carbon tax in Australia will be paid by the big polluters, the industries that emit large amounts of carbon dioxide. The aim of the carbon tax is not to get money; it is to encourage industries to clean up their work practices and factories so as to reduce carbon dioxide emissions. Any reduction will slow the rate of global warming. Some prices may rise within an allowable limit, that is monitored, so any company overcharging will be prosecuted. The money collected is being used to compensate consumers for this rise in prices.

Related Questions

How does a carbon tax work?

A carbon tax is paid by industries and companies that emit carbon dioxide. This encourages them to clean up their factories and workplaces so that they become cleaner, greener, and less polluting. Reducing carbon emissions will slow global warming.In Australia the tax is used to compensate consumers for any resulting rising prices.


When was No Carbon Tax Climate Sceptics created?

No Carbon Tax Climate Sceptics was created in 2009.


Why is it when you enter a cheat on need for speed carbon it does not work?

it depends on what games console you've got it for it wont work on the psp or the ps2 but some do on the xbox 360


What does a carbon cap system do?

A carbon cap is the alternative to a carbon tax.


Who is the carbon tax going to affect and how?

In Australia the carbon tax will only be paid by large emitters of carbon dioxide. This will encourage them to reduce their emissions. Compensation will be paid to most people to cover any rises in prices arising from the carbon tax.


What was the First country to propose a carbon tax?

I guess it is Finland. Finland imposed carbon tax in 1990.finland


Should you have Carbon tax?

Yes we should have a carbon tax because it encourages companies that pollute with carbon dioxide to reduce their emissions. This will be better for the world and for everyone in it.


Why do you have a carbon tax?

We have a carbon tax to encourage polluters to reduce the amount of carbon dioxide they emit. If they have to pay for it then they will search for cleaner and greener ways of running their industries.


What are five examples of carbon tax?

Five examples of carbon taxes include Sweden's carbon tax, which is one of the highest in the world and aims to reduce emissions by encouraging cleaner energy use; British Columbia's carbon tax, which has been effective in reducing greenhouse gas emissions while promoting economic growth; France's carbon tax, implemented to meet climate goals; Norway's carbon tax, which targets emissions from fossil fuels; and the European Union’s Emissions Trading System (ETS), which functions similarly to a carbon tax by setting a price on carbon emissions through a cap-and-trade mechanism. Each of these initiatives aims to incentivize lower carbon emissions and promote sustainable practices.


Which country impose carbon tax?

Finland


What countries have a carbon tax?

Australia has imposed a carbon tax, not on its people, but on the major carbon polluters. The tax will be fully used to compensate people for any rising prices, and to fund research and development of renewable energy.


Will a carbon tax save the World?

A carbon tax will help to slow carbon dioxide emissions, as polluting industries will clean up their factories to avoid paying the tax. Industries that are green and sustainable are helping to save the world.