What is Carbon Tax levied upon petroleum products?
No one in his right mind talks about carbon taxes levied only on petroleum products: 1. Per unit energy, coal generates much more carbon dioxide than do petroleum products, so burning less coal is more important, from an environmental perspective, than burning less oil. So, at very least, coal would be taxed as well (and at higher rate) http://science.howstuffworks.com/carbon-… http://en.wikipedia.org/wiki/Carbon_tax#… 2. A more common model for a carbon tax is to tax not the producer of the fuel, but the generator of the carbon dioxide – the unit that burns the coal or oil, etc. http://www.nytimes.com/2009/03/07/us/pol… 3. The goal is to discourage the use of fossil fuels by making their use more expensive. The hope is that at very least it should e