carbon tax

A carbon tax is one of many possible policy solutions designed to reduce carbon emissions. It’s a  a Pigovian tax – or tax levied with the intention of reducing use (like a cigarette tax). Carbon is present in every hydrocarbon fuel (coal, petroleum, and natural gas) and is released as carbon dioxide (CO2) when they are burnt, which causes global warming.

Carbon taxes offer a potentially cost-effective means of reducing greenhouse gas emissions

Learn more below….

States Lead on Carbon Pricing Amidst Federal Uncertainty

As the future of climate politics remains uncertain at the national level, state legislation becomes a crucial focus. And states across the country…

Singapore Plans Southeast Asia’s First Carbon Tax

The tax would hit 40 to 50 large polluters and be the city-state's first concrete economic plan to reduce greenhouse gas emissions.

The Conservative Case for a Carbon Tax and ‘Climate Dividends’

Insisting that “on-again-off-again regulation is a poor way to protect the environment,” eight veterans of previous Republican administrations met with White House officials…

Does Elon Musk Have Trump’s Ear? And If So, Will It Matter?

Tesla Motors founder Elon Musk accepted a position on the president’s manufacturing counsel, drawing headlines such as, “Opposites Attract? Why Musk and Trump…

Finding Common Ground Through Climate Change Conflict

Adding vigorous communication to the conflict between cap-and-trade supporters and environmental justice groups — groups with, let's admit it, much commonality in their…

Rex Tillerson: From Climate Con Artist to Secretary of State

The ExxonMobil CEO’s chummy relationship with Russian President Vladimir Putin raised plenty of eyebrows. But his role in promoting climate denial and blocking…

Research Center Proposes Carbon Tax on Unsustainable Food

Could a carbon tax on food, as proposed by the International Food Policy Research Institute, help make our food system not only more…

Microsoft Tallies the Global Impact of Its Internal Carbon Price

At the COP22 climate talks in Morocco, Microsoft released a white paper that makes a strong business case for an internal carbon fee.…

Sarkozy to Trump: Scrap COP21, and Europe Will Tax U.S. Imports

French presidential contender Nicolas Sarkozy recent said that if Donald Trump pulls the U.S. out of the global climate treaty agreed at last…

Carbon Taxes Face Challenges Internationally

While carbon taxes are an oft-cited mechanism for reducing carbon emissions in a fair and cost-effective manner, they face many political hurdles.

CDP: Business Commitments on Carbon Fall Short of Paris Climate Goals

The world’s largest companies have a long way to go before they move the needle on the ambitious climate change mitigation goals set…

France Reverses Course and Nixes Carbon Tax Proposal

France's government scuttled plans to include a carbon tax in its fiscal year 2016 budget. The sudden decision comes at a time when…

Canada Says Yes to a Carbon Tax

Under Liberal Prime Minister Justin Trudeau, Canada has chosen a carbon tax as its national policy to cut greenhouse gas emissions, a move…

Carbon Pricing Delivers Results, But Much Work Lies Ahead

In a survey conducted by CDP, 1 in 5 large firms now set an internal carbon price -- up 23 percent from 2015.

As the Election Heats Up, Voters Could Propel Carbon Taxes

All eyes are on the presidential election. But it’s important to remember that, come November, Americans will be voting for far more than…