Green Taxation

Green taxation is a policy tool where governments impose taxes on activities or products that harm the environment, such as pollution or carbon emissions. The goal is to encourage individuals and companies to adopt more sustainable practices by making environmentally damaging actions more costly. Revenue generated from these taxes can be reinvested into renewable energy projects or environmental conservation. Essentially, green taxation aligns economic incentives with environmental health, motivating positive change while helping to reduce the negative impacts on our planet.