The carbon tax is something that has been discussed for quite some time, and it is becoming a more and more contentious topic as our country's emissions continue to rise exponentially.
It is a tax on the emissions that are produced by people and businesses, and there are different plans that could be set in order to put forth the carbon tax. The policy could force industries that burn fossil fuels pay more for the carbon emissions, or the cap-and-trade system which puts a limit on emissions and leaves the policy to individual firms, which allows free market to do it most efficiently, or just simply tax those who emit carbon.
The policy which would drastically reduce the amount of emissions and veer toward greener energy from all business and all individuals would be the most beneficial to our society, and more importantly our environment. This is the policy which would tax everyone who emits any carbon. This is effective since it would cause a widespread movement of clean energy.
Those who oppose this idea just may not want the extra added cost on nearly every good he or she buys. However, this carbon tax would put very little strain on individuals, since they produce little carbon compared to large firms which put out millions of tons of carbon dioxide every year.
Not only does this plan incite more development of cleaner technologies of every type of firm, but also the revenue gained from the tax could also help to subsidize clean energy developers or clean the environment.
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| Source: en.wikipedia.org |
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