IEB Report

Chair of Energy SustainabilityOthersPolitical EconomyTax Systems Analysis

Carbon Taxation

IEB Report 4/2022: Carbon Taxation

The burning of fossil fuels such as coal, oil and gas emits gases into the atmosphere that act like the glass roof of a greenhouse, trapping the sun’s heat and preventing it from escaping into space, thereby increasing the temperature of the planet. This warming of the Earth is causing the climate to change in ways that constitute a serious threat, due to the negative natural, social and territorial consequences that it may generate.