The Double-Dividend Hypothesis posits that a tax on negative externalities can simultaneously reduce harmful effects and generate revenue to lower other distortionary taxes, offering dual benefits.
Emission taxes are designed to mitigate environmental damage by incentivizing reductions in the emissions of pollutants such as carbon dioxide and nitrous oxide. They serve as both a complement and an alternative to regulatory emission controls.
An energy tax is levied on the consumption of energy from fossil fuels, aimed at slowing down the exhaustion of limited fossil fuel stocks and reducing global warming.
An in-depth exploration of environmental taxes, their types, historical context, key events, and their role in combating environmental issues like CO2 emissions and global warming. Learn about the theories behind them, key examples, and their broader implications.
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