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….

Bonn Climate Talks Set to Work Out COP21 Details

Despite all of the attention garnered by the December COP21 climate talks in Paris, the follow-up meeting this week in Bonn, Germany --…

Donald Trump’s Supporters: Global Warming Isn’t a ‘Hoax’

Trump's position on environmental issues is almost as confusing as it is controversial. But according to a recent Yale survey, he may need…

Oil Sands Giant Tells Shareholders to Vote ‘Yes’ on Climate Change Disclosure

Suncor, a $31 billion integrated energy giant based in Calgary, Alberta, is advising its shareholders to vote “yes” on a proposal that mandates…

Why a Shift to Renewables Cannot Happen without a Carbon Tax

The clean-energy industry is unstoppable, right? Not so fast, say a trio of professors from the Massachusetts Institute of Technology and the University…

British Columbia’s Carbon Tax is Working

British Columbia, the third most populous province in Canada, enacted a carbon tax in 2008. How successful has the tax been? It decreased…

What is an Internal Carbon Price, and Should My Business Implement One?

In response to these schemes, or in anticipation of future carbon-pricing legislation, this year the CDP reported that 437 large companies say they…

COP21: Grand Success or Major Disappointment?

Bill McKibben, co-founder of 350.org said, "This didn't save the planet, but it may have saved the chance of saving the planet." Climate…

Alberta Declares Ambitious Climate Plan in Time for Paris

The election of the New Democratic Party’s candidate, Rachel Notley, in Alberta, Canada, was declared by BBC News to be a “political earthquake.…

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.

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…

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…

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.…

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…

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…

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…