bookmark_borderFirst 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 regional scheme, progress was made overall,” the EU’s Climate Change Commissioner, Connie Hedegaard, said in a statement. “We will now factor this in when, together with the member states and the European Parliament, we decide on the way forward with the EU ETS (Emissions Trading Scheme).”

At least the United Nations initiative would invoke the first global effort to reduce greenhouse gases and hopefully pave the way for reductions in other industries.

More on taxing pollution.
More on global warming.

bookmark_borderTax 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, Europe (28 countries), Finland, The Netherlands, Norway, Denmark, Sweden, Norway, Denmark, Switzerland, UK, Ireland, Costa Rica, South Africa, New Zealand.

Why doesn’t the United States have a pollution tax?

More about emissions trading.

Help stop global warming.