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green tax

British  

noun

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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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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 • Nov. 23, 2023

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 • Jun. 8, 2023

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 • Feb. 2, 2023

Japan has a "green tax" and the U.K. a "Climate Change Levy," as well as other taxes on fossil fuels.

From Time Magazine Archive

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