Tag Archives: carbon credits

First Global Pollution Tax

The United Nations’ aviation agency (International Civil Aviation Organization) approved the initial steps in implementing a worldwide tax on greenhouse gas emissions from airplanes. If the proposal gets accepted, it would take effect in 2022. The European Union had been seeking a more robust agreement: “While we would have liked more countries to accept our […]

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Tax Pollution

One of the only taxes that makes sense is a pollution tax. A progressive income tax is perhaps the worst type of taxation. Why would you want to tax people for being productive… then, tax them higher the more productive they are? These countries currently have taxes on carbon emissions: Australia, India, South Korea, Japan, […]

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