carbon tax

British  

noun

1. a tax on the emissions caused by the burning of coal, gas, and oil, aimed at reducing the production of greenhouse gases

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Example Sentences

And, he stressed, the deal requires oil companies to pay a steep industrial carbon tax, which could help fund cleaner energy sources, while the impact of rising emissions would be offset through carbon capture -- a controversial technology.

From Barron's

Last month, the International Maritime Organization, the world shipping body, set about to put in place the first ever global carbon tax under which shippers would be held accountable for their emissions.

From The Wall Street Journal

Canadian Prime Minister Mark Carney has canceled plans to impose a carbon tax paid by consumers.

From The Wall Street Journal

“Essentially the tort liability is an indirect carbon tax,” Mr. Bookbinder said.

From The Wall Street Journal

A carbon tax is likely to be introduced by late 2026, though details on its mechanism and emission scope remain unclear.

From The Wall Street Journal