Harm Charge / Carbon Tax

Carbon tax is a tax placed on the burning of fossil fuels, or carbon-based fuels, and corresponds to greenhouse gas emissions.  The fee is either placed on the producers or passed along to the consumers for the carbon emissions produced from the burning of fuel. It can be implemented in a number of different facets such as through costs associated with home heating, flights, and shipping capacities. A harm charge is a similar concept only less specific. It places a charge on any practice harmful to the environment or human health such as a chemical spill, using non-sustainable products, or water pollution. The charges or taxes are utilized in order to serve as a disincentive to practices harmful to the climate, the environment, and human health, helping to shift thinking toward more sustainable practices.  Further, the revenue generated from these charges can be used to invest in sustainability practices elsewhere in the system.

Center for Green Chemistry and Green Engineering at Yale

Visit us at https://greenchemistry.yale.edu/

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