Green Tax

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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 ?
But the Canary Islands, which has no ecotax (although it is considering one), also fell by seven per cent, suggesting the ecotax wasn't to blame for the fall.
These hard-left moves include the Ecosteuer, or "Ecotax," a high levy on pollutants that could help clean up the environment, but could also (businessmen warn) help bring the country's manufacturing sector to a screeching halt.
These aims broadly serve to press on with the EU's current environment agenda but the future Presidency's plan to put the energy tax and ecotax back on the agenda could signal the return of a debate that has been stuck in a rut for many a year.Kyoto.Guy Verhofstadt waited until the end of his statement to add "there are further areas where the Presidency is prepared to make a commitment", citing by name climate change, the Kyoto process and the World Trade Organisation (WTO) talks.As for climate change and the Kyoto process, the Prime Minister's remarks have succeeded in causing some disquiet.
The new so-called ecotax, approved by the Balearic Island regional parliament, will be levied on all visitors at hotels, hostels, guesthouses and campsites, a spokeswoman said.
"Spain plans Europe's 1st ecotax on tourism." (http://ens.lycos.com/ens/aug99/1999L-08-19-01.html--Retrieved 1/30/01)
The pesticide tax, another tax introduced under the ecotax legislation, has a more rational structure, with different kinds of pesticide being taxed according to the "active ingredient" content; by contrast, the exemption of the major user of pesticides, agriculture, seems irrational from an environmental point of view.
See Adam Chase, Ecotax International: Comments on Taxation for Environmental Protection: a Multinational Legal Study, 23 ENVTL.
In the UK, too, the arguments for ecotax reform--in various guises--have been adopted right across the political spectrum: both Conservative and Labour Chancellors of the Exchequer have taken tax policy measures which they justified by using some of the arguments used by the supporters of ecotax reform, and the Liberal Democrats have adopted a more fundamental ecotax programme as party policy.
Tax measures include an increase in the Ecotax, which is compensated by reductions in direct taxes.
Poor people spend a higher proportion of their income on consumption relative to the rich and thus taxes on carbon, packaging, and a variety other "ecotax" proposals will fall more heavily upon the poor.
At the time there were three categories: tax on company profits, value added tax and an ecotax system.
The Conseil constitutionnel vetos several provisions of the Social Security Financing Act for 2001, in particular the degressive reduction in the CSG and the abolition of the Loi Thomas which created retirement savings plans, and rejects the the extension of the ecotax and the transfer of tobacco duty (two measures intended to finance the 35-hour week).