Abstract

Although the carbon tariff and taxation are not a new initiative, the up-to-now debate is wide around the world since EU has initiated the carbon emission act. Main concerns regard to whether the taxation is imposed as a restriction and bondage or a diversion and promotion for environmentally-friendly industries. This paper will go through scholarly exploration on both sides. Specifically, historical reviews on carbon tariffs will shed light on the nature of this protocol in regulating environmental-friendly manufacturing and traditional energy consumption. The second chapter will adopt political economic point of view to analyze the value of carbon tariff, and its cultural impacts will also be taken into consideration. The concluding segment shall furnish a limited assortment of alternative avenues, thereby affording an array of choices to those tasked with making pivotal determinations. In general, this paper is a legislative analysis on carbon tariff, findings suggest that future practices and comparative policy should been strictly taken in different communities.

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