Carbon Tax Essay

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Carbon Tax

Among many of the highly speculated taxes a country has to choose from, carbon tax is gaining some approval. According to the Carbon Tax Center; Australia, parts of Canada, Ireland, and other nations have already imposed a carbon tax. The tax rates vary from five dollars to thirty dollars per metric ton of carbon dioxide released into the air by companies. But this information may leave you with questions of your own. For example: if this tax was implemented to where you live, how it would affect you, or you might be thinking, what is carbon. Or maybe you’re wondering what might this do to the carbon emissions already being released in your area?
First off, let’s learn where carbon dioxide comes from and what it’s made from. Carbon dioxide comes from using fossil fuels. We use fossil fuels every day to operate vehicles, buildings, and even certain power tools. What do all of these have in common besides running off of fossil fuels? Some form of combustion engine. As the fossil fuel goes through a combustion engine, the carbon atoms bond with the oxygen (one carbon atom bonded with two oxygen atoms) that is already in the air and produce carbon dioxide known as CO2 (Overview of Greenhouses Gases). So the question remains, what is carbon dioxide?
Carbon dioxide is described by the Environmental Protection Agency as “the primary greenhouse gas emitted through human activities” (Overview of Greenhouses Gases). This particular greenhouse gas is a “colorless, odorless, and non-poisonous gas” (Carbon Dioxide Emissions) that stays resident in the Earth’s atmosphere. This is bad, because as the sun emits heat (solar heat) to the Earth and the CO2 traps that heat in the Earth; causing global warming.
Now, le...

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... be given and to whom, if any; and do the benefits of a CO2 tax outweigh the cons (emitting more CO2 into the atmosphere).
Though there are countries that have applied CO2 tax and have had great results. Would it be a viable way for the U.S. to wean itself off of fossil fuels and into a new age of technology? Only time will tell. There are better ways to fuel your vehicles and power your buildings after all.

Works Cited

http://www.epa.gov/climatechange/ghgemissions/gases/co2.html
Overview of Greenhouse Gases

http://stats.oecd.org/glossary/detail.asp?ID=6323
Glossary of Statistical Terms, Carbon Dioxide Emissions

http://www.carbontax.org/progress/where-carbon-is-taxed/
Carbon Tax Center

http://www.reuters.com/article/2013/05/23/usa-carbon-tax-idUSL2N0E323B20130523
Reuters, U.S. carbon tax could boost revenue, curb climate change - report

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