A carbon credit allows the holder to emit a limited amount of carbon dioxide or other greenhouse gases. Several states and ...

Austria introduced a carbon tax with regional rebates but eliminated payouts in 2024 to reduce spending during a recession. Canada’s federal carbon tax, modeled on British Columbia’s system, was ...

Tax Notes chief correspondent Amanda Athanasiou discusses the effectiveness of carbon pricing as a climate change mitigation strategy and possible alternative policies. This transcript has been edited ...

A carbon tax is considered by most economists to be the most efficient and effective way to reduce carbon emissions. However, a long-standing political challenge to a carbon tax is the perception that ...

Politicians are attracted to taxes the way flies are attracted to manure. One new tax that has Washington politicians abuzz on both sides of the aisle is a carbon emissions levy. The more CO2 that’s ...

The year 2023 ended with four pieces of legislation in Congress aimed at creating a carbon tax. Since three of those bills have bipartisan sponsorship, we’re more likely to see some form of the carbon ...

Economists worldwide point to carbon pricing as the most effective way to reduce emissions. Why? Because carbon pricing reduces greenhouse gas (GHG) emissions to the lowest cost possible, where that ...

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. People in affluent countries around the world are willing to tax themselves to ...

Cattle are significant emitters of the greenhouse gas methane, and in South America, ranchers often destroy vast swaths of carbon-dense Amazon rainforest to raise them, making the industry even more ...

As the EU carbon border tax takes effect and the UK prepares its own levy, India's exporters face rising compliance costs and ...

A carbon tax has been delayed from being rolled out this year pending review against the current geopolitical and economic uncertainties, says Natural Resources and Environmental Sustainability ...