The Brunch Table

11/12/2004

Carbon Taxing

Filed under: — Nick @ 12:21 pm

In 2006, Japan plans to start taxing carbon:

Under the measure, 2,400 yen [US$23] will be levied per tonne of carbon contained in fossil fuel. For the motorist, that will mean paying an extra 1.5 yen per litre of petrol, or an additional 3,000 yen per household per year.

I like that they’re doing it by carbon weight, rather than specifically as a gasoline tax. If I understand right, it pushes the burden onto heavy industry–which will make infrastructure investments to save itself the cash–instead of onto ordinary citizens, who can’t do that.

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