Pollution Tax
A Pollution Tax is a financial charge imposed on companies or individuals that produce harmful emissions or waste. The goal of this tax is to encourage businesses to reduce their environmental impact by making pollution more costly. By increasing the price of polluting activities, it incentivizes cleaner practices and technologies.
The revenue generated from a pollution tax can be used to fund environmental projects, renewable energy initiatives, or public health programs. This approach aligns with the principle of "the polluter pays," promoting accountability and encouraging sustainable practices among industries and consumers alike.