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….

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World Bank Announces New Carbon Pricing Initiative

On Tuesday morning the World Bank, along with governments and business leaders, announced a new global initiative: the Carbon Pricing Leadership Coalition.
Another idea for coping with climate change is coming out of World Bank HQ in Washington, D.C.

World Bank Launches $500M Plan to Boost Climate Change Action

The World Banks's Transformative Carbon Asset Facility, announced yesterday during the COP21 talks in Paris, will attempt to find new ways to develop…
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Carbon Pricing: Putting a Cost on the Environmental Instigators of Climate Change

We speak with Joe Madden, CEO and co-founder of EOS Climate, about the complex process of carbon pricing, and why some believe that…
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The Federal Reserve’s Role in Saving the Planet

The Federal Reserve has a very clear mission that includes three basic objectives: maximize employment, keep prices stable and keep interest rates reasonable.…
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IMF Managing Director Calls for Carbon Tax

The IMF has become the latest advocate for a new twist on financial reform as its managing director, Christine Lagarde, has added her…
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Shell CEO Creates Tension in the Fossil Fuel Industry with Call for Carbon Tax

A recent speech Shell CEO Ben van Beurden gave at an energy trade association meeting emphasized the need to build a global carbon…
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Bipartisan Carbon Tax Back From the Dead

These politicians believe a hefty corporate tax break is key to gaining bipartisan support for an aggressive carbon tax. Will it provide Republicans…
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How A Carbon Tax Can Win Bipartisan Support

The advocacy group Washington Carbon is attempting to add a carbon tax to the 2016 Washington State ballot. The initiative would tax fossil…
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Pope Francis Is Right on Climate Dangers, Wrong on Policy Options

The pope was right to call for a more ethical sustainable development that can meet our economic needs while also protecting the environment.…
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Regional Cap-and-Trade Shown to Save Money While Boosting Economy and Cutting Emissions

When the multi-state Regional Greenhouse Gas Initiative was established, organizations like the Institute for Energy Research and the Heritage Foundation argued against any…
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Carbon Pricing Spurs Economic Development in Oregon

The Oregon case shows that, rather than hurting the economy, carbon pricing can fund the economic development in rural America and combat climate…
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EPA Helps Companies Make the Business Case for Green Power

The EPA's Green Power Partnership includes more than 1,300 partner organizations using billions of kilowatt-hours of green power each year. Beyond reducing carbon…
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Introducing the Healthy Climate and Family Security Act

The bill is, in essence, a cap and dividend plan that would collect gradually increasing fees on the “first sellers” of fossil fuels,…
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BP: Put A Price on Carbon, Let The Market Cut Emissions

One of the world’s six major oil and gas companies supports a global price on carbon – and no, this is not an…
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Top 10 Carbon Market Predictions for 2015

Last week, the Climate Trust, a mission-driven nonprofit that specializes in climate solutions, announced its second annual prediction list of 10 carbon market…