Question

Why and on whom carbon tax is implemented?​

Answer 1

Answer:

A carbon tax is a fee imposed on businesses and individuals that works as a sort of "pollution tax." ... A carbon tax is seen as reducing emissions by making it more expensive to use carbon-based fuels, therefore giving companies a reason to become more energy-efficient, so as to save money.

Answer 2

Answer:

What Is a Carbon Tax?

A carbon tax is paid by businesses and industries that produce carbon dioxide through their operations. The tax is designed to reduce the output of greenhouse gases and carbon dioxide, a colorless and odorless incombustible gas, into the atmosphere. The tax is imposed with the goal of environmental protection.

KEY TAKEAWAYS

• A carbon tax is a fee imposed on businesses and individuals that works as a sort of "pollution tax."

• The tax is a fee imposed on companies that burn carbon-based fuels, including coal, oil, gasoline, and natural gas.

• The burning of these fuels produces greenhouse gases, such as carbon dioxide and methane, which heat up the atmosphere and cause global warming.

• A carbon tax is seen as reducing emissions by making it more expensive to use carbon-based fuels, therefore giving companies a reason to become more energy-efficient, so as to save money.

• A carbon tax would also increase the costs of gasoline and electricity, therefore giving consumers a reason to switch to clean energy.

• There is currently no carbon tax in the United States.1

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