Background
The tax imposed on socially harmful externalities.
What is a Pigouvian Tax?
A carbon tax disincentivizes the emission of greenhouse gases and thus reduces their amount in the atmosphere, mitigating the adverse effects of this phenomenon.
What is climate change?
The group of people who are disproportionately affected by a carbon tax.
Who are low-income and the elderly?
The Target of carbon taxes.
What is Greenhouse Gas emissions?
A carbon tax encourages the creation and adoption of these.
What are cleaner energy sources?
The tax that politicians often suggest reducing if a carbon tax is implemented.
What are payroll taxes?
The number of countries that adopted a carbon tax (approximately).
What is 40-50?
The economic and distributional effects of a carbon tax vary greatly depending on how this is used.
What is the generated tax revenue?
What are the two main alternatives for measuring carbon emissions?
What is "spend-based and activity-based"?
The countries (regions) that are the recipient of the Carbon Border Adjustment Agreement.
What are non-EU countries?
A carbon tax should cover the broadest possible base of these activities.
What are polluting activities?
What is an investment in carbon-reducing activities that allows companies to reduce their net carbon footprint without actually reducing their own emission levels?
What is a "carbon offset"?
The country that uses revenue from carbon tax to soundproof houses.
What is France?
A well designed carbon tax has the potential to protect this without harming consumers, jobs, or businesses.
What is the environment?
The average percent of income spent on energy across all pre-tax income for 2010 (to the tenth of a percentage).
What is 10.4%