Due to new greenhouse technologies and use of solar power the carbon emission is reducing. The plan of government for Carbon tax is that those who are investing in renewable energy technologies will be get benefited in carbon tax and will get tariff for their commercial and their domestic properties. (Lauchlan Chipman et al., 2004)
The whole world is now working on renewable energy and moving on climate change. The countries such as China or India which have largest population in the world have more carbon emission per capita.
Caron tax and Pollution
Carbon tax will definitely reduce the percentage of pollution in environment and will make the environment as political sustainable. This will happen because the consumer will use electricity power to carry out the production of goods and providing the services and will reduce the emissions of carbon by reducing the use of coal fired power generation.
If the big pollutant will reduce the carbon emission it will affect the environment much. But due to increasing the higher electricity prices the carbon tax imposing will cause a problem to the consumer and will lead to remove or deducing the tax. (OECD, 2006)