Green Tax

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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 ?
Steelworks in Britain face far higher energy costs and green taxes than other countries.
Or is it the party leader who, as a member of the last government, helped to bankrupt the country, brought in the crazy green taxes, supported mass immigration, refuses to offer an EU referendum, forgets to mention immigration and the economy in his party speech.
Cameron decides to cut green taxes by PS50 per year to offset price increases made by energy companies.
Companies have estimated that bills could be cut by around PS60 if the green taxes were axed.
The green taxes cover the period to March, 2015, so the energy firms will have to fulfil a large part of their obligation next year, he said.
When the big six power companies appeared in front of MPs yesterday they whined that green taxes, transport costs - everything except their multi-million profits - were to blame for 10 per cent price rises.
Nevertheless can use of other countries experiences also can use of common and can see the obvious differences in this paper to study on the positive and significant hypothesis of green taxes on decline of air pollution in OECD countries also the significant and positive impact of these taxes in improvement of environmental performance indicator is use of panel data and generalized method of moments (GMM).
Today, they want to use (so-called) green taxes to alter our behaviour, even though their green advice is even more inconsistent than their advice on health matters.
EEF has expressed concern other closures could follow if the Government continued to slap green taxes on high energy-using firms.
AoOne of the ideal goals of green taxes is to adjust prices to reflect true costs of production and consumption of goods.
He explained that green taxes were aimed at discouraging people from buying or using anything that could harm the environment.
Now Alistair Darling's timid tinkering with taxes on cars and air travel confirms that green taxes do not work.