Sentences with phrase «raise taxes on carbon emissions»

These include tax restructuring — raising the tax on carbon emissions and lowering the tax on income — and carbon cap - and - trade systems.

Not exact matches

The Tories have attacked the Liberals» carbon tax policy and have argued it will raise prices on almost everything — from gasoline and groceries — without actually cutting emissions.

Gates hammered on points reported here for many years: that without a big, and sustained, boost in spending on basic research and development on energy frontiers, the chances of triggering an energy revolution are nil; that while the private sector and venture capital investors are vital for transforming breakthroughs into marketable products or services, they will not invest in the long - haul inquiry that's required to generate game - changing breakthroughs; that a 1 or 2 percent tax on carbon - emitting fuels could generate a large, steady stream of money for invigorating the innovation pipeline; that a declining emissions cap and credit trading system --- if it could survive America's polarized politics --- would have to raise energy costs far beyond what would be politically tenable to generate a similar scale of transformational activity.

This post on a question - begging argument in favour of carbon taxes and against an emissions trading scheme, naturally raised -LRB-!)

To create an honest market, we need to restructure the tax system by reducing taxes on work and raising those on carbon emissions and other environmentally destructive activities, thus incorporating indirect costs into the market price.

A revenue - neutral carbon - tax would directly raise the price of carbon - based energy, imposing the greatest cost on those firms and forms of energy that produce the most emissions.

In March 1999, a comprehensive ecological tax reform law took effect in Germany that reduced income taxes, raised taxes on energy sources tied to carbon emissions, and exempted renewables.

As we learn more about the response of emissions to the price on carbon, we can raise or lower the tax or as we learn more about the maximum CO2 we can sustain in the atmosphere, we can raise or lower our cap.

Early studies by the Intergovernmental Panel on Climate Change estimated that a carbon tax of up to $ 80 per metric ton of emissions — a tax that might raise gasoline prices by 70 cents a gallon — would eventually result in climate stability.