Carbon levy

Carbon levy
Lexicon

Carbon levy

A price on carbon dioxide emissions , makes fossil heating more expensive year by year.

Definition

A price for the climate

Carbon pricing puts a price on the emission of carbon dioxide. For heating oil and natural gas this means a surcharge that rises over the years.

This gradually makes fossil heating more expensive , a deliberate incentive towards more economical and renewable technology.

In brief

  • Effect: heating oil and gas get more expensive.
  • Trend: the price rises on schedule over the years.
  • Consequence: efficiency and heating replacement become more attractive.

Related terms: Building Energy Act.

Source

Related

Saving & efficiency in the heating-oil world.

Saving & Efficiency