A Carbon Tax is a policy where emissions of carbon dioxide - one of the main causes of climate change - are taxed.
This tax brings in money based on the amount of CO2 Emissions in the country. It's favored by the Environmentalists, since it encourages people and companies to reduce their carbon emissions, increasing the nation's Energy Efficiency while decreasing its CO2 Emissions. However, non-carbon emitting alternatives are typically more expensive, which can lead to a drop in the GDP.
Description[]
A carbon tax is a tax levied on all emissions of Carbon Dioxide, thought to be the main cause of climate change. The tax is effectively a pollution tax, and a way to make those individuals and industries who contribute to climate change pay for the damage they cause or to reduce emissions. Obviously the tax is popular with environmentalists, and can also lead to a more energy efficient economy.
Political Capital[]
Implementation time: 2
Introduction cost: 39
Raise cost: 12
Lower cost: 8
Cancel cost: 21
Effects[]
Income: (1150 - 3510) * (0.5+(1.0*CO2Emissions))
-CO2 Emissions {0-(0.5*x)} (8)
-GDP {-0.25*(x^2)} (4)
+Environmentalist {0.1+(0.1*x)} (0)
+Energy Efficiency {0+(0.25*x)} (8)
-Everyone (0)
-Air Travel (2)
+/-Capitalist (0)