Definition, Meaning & Synonyms

green tax

Noun

/ɡriːn tæks/

Definition

A green tax is a tax imposed on activities or products that are harmful to the environment, with the aim of encouraging environmentally friendly practices.

Examples

The government introduced a green tax on plastic bags to reduce their usage.
Many countries implement green taxes on carbon emissions to combat climate change.

Meaning

Green taxes are designed to promote sustainable practices by increasing the cost of polluting behaviors and reducing the overall impact on the environment.