What is carbon tax or pricing? Pricing carbon emissions through a carbon tax is one of the most powerful incentives that governments have to encourage companies and households to pollute less by investing in cleaner technologies and adopting greener practices. A carbon tax is a fee placed on greenhouse gas pollution mainly from burning fossil fuels. This can be done by placing a surcharge on carbon-based fuels and other sources of pollution such as industrial processes.
“Let us not seek to fix the blame for the past, let us accept our own responsibility for the future.” ― John F. Kennedy