What’s Carbon Tax? Know Carbon Tax & Carbon Credit score | CA Raj Okay Agrawal
Are you curious about carbon tax and carbon credit? In this informative video, CA Raj K Agrawal provides a comprehensive explanation of what carbon tax is, how it works, and its impact on the environment and the economy.
Carbon tax is a type of environmental tax that is levied on the carbon content of fossil fuels, such as coal, oil, and gas. The goal of carbon tax is to reduce the emission of greenhouse gases that contribute to climate change. The concept of carbon tax is simple: the more carbon emissions a company produces, the higher the tax they pay.
In this video, CA Raj K Agrawal discusses the principles behind carbon tax and how it differs from carbon credits. Carbon credits are a market-based tool that allows companies to offset their carbon emissions by investing in environmentally friendly projects. Carbon credits can be bought and sold on the carbon market, and they have become an increasingly popular way for companies to demonstrate their commitment to reducing their carbon footprint.
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