The Climate Leadership Council (CLC) is an organization that supports the implementation of a carbon tax. The carbon tax is aimed at reducing carbon pollution in the world. Carbon pollution is a crisis that the world has to take into consideration when it comes together to discuss issues that should be solved worldwide. Carbon pollution has caused climatic change, which is affecting the health of all living things on earth, including human beings negatively, thus reducing their lifespan. Most industrialized nations have implemented the carbon tax policy, but they are a handful of them compared to the number of nations that are in the world. Other countries are encouraged to support this initiative. A carbon tax is a fee that is charged on the consumption of carbon-based fuel like gas, oil, and coal. People who use carbon fuel are expected by the law to pay for the greenhouse gases that they release into the air through their various activities. However, producers of carbon fuel are allowed to pass the cost of the test in the consumers. The C-Span carbon tax has the following advantages.
This policy compels people to switch to renewable and alternative sources of energy. People who use carbon fuel as the ones responsible for paying carbon tax; thus, it discourages most people who use carbon fuel from using it. When people gradually stop the habit of using carbon fuel and adapting to the renewable sources of energy, in the long-run emission of carbon is mitigated. Producers of carbon fuel will no longer have a market for their products; hence, they will also opt to invest in providing energy to people through cleaner sources of energy like solar and wind. Visit this website at https://www.britannica.com/topic/progressive-tax for more info about taxes.
The carbon tax will encourage the growth of alternative energy resources because more families and businesses will consider using renewable sources of energy to avoid carbon tax. Some of them will prefer to use solar energy, energy from the wind, biogas, riding on their bicycles, working, and so on to avoid the costs of Carbon Tax.
The local economy will be positively affected by this policy. More people will consume energy from renewable sources of energy; thus, more investors will be attracted to producing this energy and supplying it to consumers. This is one way of creating employment without polluting the environment. The cost of reducing carbon emissions and mitigating risks of carbon pollution from affecting their citizens that governments incur will lower. More money will be saved and channeled towards beneficial projects that will improve the standards of living of the people.
Governments will generate more revenue when they implement a carbon tax. When more people use carbon fuel, the revenue from the carbon tax will increase and be used to develop renewable energy technologies. This strategy will kill two birds with one stone.