Carbon tax
Definition
A carbon tax is a fee imposed on the carbon content of fossil fuels, which is intended to encourage companies and individuals to reduce their carbon emissions by making it more expensive to use fossil fuels. The revenue generated from a carbon tax can be used to fund climate change mitigation and adaptation measures, or to reduce other taxes. Carbon taxes are one of the policy instruments that can be used to achieve the goals of the Paris Agreement and limit the rise of temperatures below 2°C.
About EDHEC
Operating from campuses in Lille, Nice, Paris, London and Singapore, EDHEC is one of the world’s top 15 business schools. Fully international and directly connected to the business world, EDHEC commands a strong reputation for research excellence and the ability to train entrepreneurs and managers capable of breaking new ground. EDHEC functions as a genuine laboratory of ideas and produces innovative solutions valued by businesses. The School’s teaching is inspired by its research work and a focus on “learning by doing”, all with the aim of equipping people with the skills to succeed in business.
