Green Tax

(redirected from Ecotax)
Also found in: Dictionary, Wikipedia.
Related to Ecotax: Green tax

Green Tax

A tax levied on actions that are deemed to be detrimental to the environment. For example, a government may put a green tax on non-recyclable plastic grocery bags. The idea behind a green tax is to reduce the incentive to harm the environment by using other, less expensive products. It is a type of Pigouvian tax.
References in periodicals archive ?
See Adam Chase, Ecotax International: Comments on Taxation for Environmental Protection: a Multinational Legal Study, 23 ENVTL.