Carbon Tax

(redirected from Hydrocarbon tax)
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A proposed tax that would be levied against high consumers of heating oil, gasoline, electricity, etc., in an effort to reduce the emission of greenhouse gases
References in periodicals archive ?
"What we want to do is move away from a system based on the ordinary hydrocarbon tax with a very high rate and a very rigid scheme ...
The Hydrocarbons Code of 2000 set gas production royalties at 8% and reduced hydrocarbon taxes from 75% to 50%, encouraging foreign firms to invest in the country.
The utility's aim for 2010 is to have net interest-bearing debt including full hybrid capital equal to around three times its EBITDA adjusted for special hydrocarbon taxes.