Green Taxes

-Green taxes are taxes intended to promote ecologically sustainable activities via economic incentives.
-an eco-tax policy proposal may attempt to maintain overall tax revenue by proportionately reducing other taxes (e.g. taxes on human labor and renewable resources). -The object of a green tax shift is often to implement a "full cost accounting" or "true cost accounting", using fiscal policy to internalize market distorting externalities, which leads to sustainable wealth creation.

- The broader measures required for this are also sometimes called ecological fiscal reform, especially in Canada, where the government has generally employed this terminology.

Examples of Green taxes.

-Carbon taxes on the use of fossil fuels by greenhouse gases produced. Old

hydrocarbon taxes don't penalize green house gas (GHG) production.

-Duties on imported goods containing significant non-ecological energy input (to a level necessary to treat fairly local manufacturers)
-Severance taxes on the extraction of mineral, energy, and forestry products.

-License fees for camping, hiking, fishing and hunting and associated equipment. Specific taxes on technologies and products which are associated with substantial negative externalities.
-Waste disposal taxes and refundable fees. -Taxes on effluents, pollution and other hazardous wastes. -Site value taxes on the unimproved value of land

-Taxes on consumption may take the "feebate" approach advocated by Amory Lovins, in which additional fees on less sustainable products such as sport utility vehicles are pooled to fund subsidies on more sustainable alternatives, such as hybrid electric vehicles. A "green mortgage" such as a Location Efficient Mortgage, for example, recognizes that persons who do not drive cars and live generally energy-efficient lifestyles pay far less per month than others and accordingly have more to pay a heftier mortgage bill with..