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….

Norweigan Oil Rig

Norway Doubles Carbon Tax

Norway not only plans to double its carbon tax (guaranteeing fewer emissions) but intends to use those funds to support emerging market countries…
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Australian Carbon Trading Scheme Commences: All Emissions Are Not Local

Australian carbon trading took another step forward last month when the first carbon credits under the Carbon Pollution Reduction Scheme were issued.
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The Economic Benefits of Carbon Taxes

Carbon taxes boost the financial bottom line and save the environment. So why doesn't the U.S. institute one?
Cockenzie Power Station

Global Carbon Trading Takes a Big Step Forward

It has often been pointed out that our modern world could quickly become cleaner, safer, and more sustainable if only externalities, such as…
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ExxonMobil’s 2011 Citizenship Report Shows Profit-Above-All Mentality Hasn’t Changed

Exxon's new citizenship report provides a detailed and quite transparent review of the environmental and social impacts of its operations. Unlike other oil…
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Microsoft Commits to Carbon Neutrality

Microsoft has committed to become carbon neutral beginning on July 1, the start of the company’s new fiscal year. Employees within at all…
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Shell Touts Communities, Environment in Recent Sustainability Report

Can an energy company like Shell lead on environmental issues, community building and climate change? Read Shell's 2011 sustainability report and decide for…
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Politicians and Bankers Agree: We Need to Change Climate Change Messaging

The chances to be in a discussion on the impact of the OEDC latest report on Washington and Wall-Street and get out of…
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South Africa Set To Introduce a Carbon Tax Next Year

South Africa is poised to introduce a carbon tax next year.

Ryanair Passes on Carbon Tax to Passengers

Beginning on January 17, Ryanair will charge a €0.25 fee on every seat to cover what the company says will be a €15…
Delta Utah Coal Power Plant

House Democrats Introduce Carbon Tax Bill

Nine House Democrats introduced a bill on October 24 which would create a “simple tax on carbon,”  in the words of its lead…

Australia Poised to Enact Historic National Carbon Tax

Australia is poised to pass a historic national carbon tax. Narrowly passed in the Australian government's lower house, the carbon tax bill is…

We Must Put a Price on Carbon: EU to the Rescue Again?

Boyd Cohen, Co-author, Climate Capitalism Many public policy gurus and economists will tell you that if we truly want to decarbonize our economy…
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New Australian Carbon Tax Offers Comprehensive Model for All

Last Sunday the Australian Prime Minister, Julia Gillard, announced a new a plan to tax carbon emissions from the country’s 500 worst polluters.…
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Billionaire Richard Branson Calls For a Global Carbon Tax

Sir Richard Branson, the brash, suave, billionaire adventurer has suggested that a carbon tax can stave off a global climate crisis, as long…