Ecotax
/ˈiːkoʊˌtæks/
Definitions
- (n.) A tax imposed to promote environmentally friendly practices by discouraging activities that harm the environment.
The government introduced an ecotax on plastic bags to reduce pollution.
Forms
- ecotax
- ecotaxes
Related terms
See also
Commentary
Ecotaxes are often used as economic instruments in environmental law to internalize ecological costs.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.