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Carbon Tax

A tax on fossil fuels, especially those used by motor vehicles, intended to reduce the emission of carbon dioxide. Under a carbon tax, the government sets a price that emitters must pay for each ton of greenhouse gas emissions they emit. Businesses and consumers will take steps, such as switching fuels or adopting new technologies, to reduce their emissions to avoid paying the tax.

Explore Other SDG Vocabulary

Adaptive Management

Adaptive Management

Adaptive management is an approach towards decision making that is based on making adjustments in the decision making process as and how new information and changes are observed. I...

Apathetics

Apathetics

These are a section of the society defined by the Roper ASW Green Gauge Report as the least interested in “green” or environmental issues and the least likely to take any action on...

Bio-based Material

Bio-based Material

“Bio-“ is Greek for life.Bio-based material refers to a product's main constituent consisting of a substance, or substances, originally derived from living organisms. These sub...