Green Tax
/ˈɡriːn tæks/
Definitions
- (n.) A tax imposed on activities or products that harm the environment, aiming to encourage ecological responsibility and reduce environmental damage.
The government introduced a green tax on carbon emissions to combat climate change.
Forms
- green tax
- green taxes
Related terms
See also
Commentary
Green taxes are often designed to internalize environmental externalities by making polluting behavior more costly.
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.