What is carbon tax?
Updated: Jul 25, 2020
Carbon tax is just like the name says, it is a fee that producers have to pay when they burn carbon-based fuels. I know, tax can never be a good thing right? But carbon tax means that major companies that basically rely on contributing to global warming think twice before creating a bunch of greenhouse gases. The U.N. recommended a carbon tax of between £150 to £4300 per ton.
I'm all for convincing people with words, that's basically what this blog is all about, but carbon tax means that there are immediate consequences to hurting the environment. In the end, some people don't see the planet as their a priority, but money is always at least top 3.
What happens is the government sets a price per ton on carbon and then translates it into tax. Carbon tax is supposed to convince people to switch to more sustainable energy options, like electric cars or just try to get them to reduce their carbon footprint. Carbon tax does effect everyone, which is one of the reasons it is a very controversial action.
Carbon tax means prices of gasoline and electricity go up which impacts lower income households in a detrimental way. People and families who cannot afford normal gas prices have to struggle to pay even higher ones. It's easy to just focus on the long-term outcome but we have to remember the people who suffer from the short-term don't matter any less.However, the decision must've been made that the pro's outweigh the con's as 46 countries have put some form of tax on carbon and others are close to.
Carbon tax is always going to be something that can be argued both ways, because people are always going to be hurt by it but the planet is always going to benefit from it. It's completely your decision but in terms of our environment, carbon tax has more positive impacts than negative.
Until next time, remember to be your own superhero.