A Comparative Analysis of Green Tax Policy Implementation in India and the Adoption of Bio-fuels in the Automobile Sector

Abstract

This research article presents a comparative analysis of the effectiveness of green tax policies in India and the utilization of bio-fuels in the automobile sector. With the growing concern over environmental degradation and climate change, governments worldwide are implementing various measures to mitigate carbon emissions. In India, the implementation of green tax policies aims to incentivize eco-friendly practices, while the adoption of bio-fuels in the automobile sector presents a promising alternative to conventional fossil fuels. This study examines the regulatory frameworks, challenges, and outcomes associated with these two approaches, offering insights into their impact on environmental sustainability and economic development. Using a combination of qualitative and quantitative research methods, including policy analysis and case studies, this article aims to provide valuable recommendations for policymakers, industry stakeholders, and researchers working in the field of environmental policy and sustainable development.