Does the consumer ever pay the carbon tax?
Everything winds up on the consumer’s plate eventually. Some industries will pass on the extra cost of the tax to their customers. However, if an industry actually reduces it greenhouse gas emissions by cutting back its fuel consumption, it can actually save money, and pass on this savings to its customers. Consumers could also benefit from the energy efficiency innovations the carbon tax will likely spawn. For instance, if carbon taxes on car emissions lead to the production of more efficient, hybrid cars, consumers would pay far less for fuel over the year!
Related Questions
- Is it necessary for a California consumer to pay the 3% tax when coverage is placed with a nonadmitted insurer on their own for their own property, without the assistance of an agent/broker?
- Who can qualify as a registered consumer? Can a registered consumer purchase fuel exempt from carbon tax?
- Does the consumer ever pay the carbon tax?
