green tax

British  

noun

1. any tax imposed with the aim of regulating activity in a way that benefits the environment

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Example Sentences

It has also delivered financial windfalls for big banks, lawyers, insurance companies and start-up financial firms by creating an expansive new market in green tax credits.

From New York Times

The Atlantic Declaration would allow British electric car firms access to new US green tax credits and subsidies, steps up co-operation on AI and includes a data protection deal.

From BBC

The EU agreed in February to loosen state aid rules, paving the way for France to unveil a green tax credit package, which can be worth up to 40% of a company's capital investment in wind, solar, heat-pump and battery projects.

From Reuters

Bernstein's experience working in different parts of government will help with a huge task ahead for the administration - implementing trillions of dollars of spending on infrastructure, semiconductor manufacturing and green tax credits passed in three signature bills last year, former Labor Secretary Robert Reich said.

From Reuters

Treasury Department said the guidance would provide clarity, while protecting tax incentives such as the green tax credits contained in the Inflation Reduction Act.

From Reuters