As for a carbon tax in particular, among environmental taxes, conventionally external expenses are internalized by the method of direct taxation against the emissions of carbon dioxide, that is, it has a role of correcting the failure of a market, where an environmental burden is not considered so far in a market economy because of the externality against environmental pollutions.
As for a carbon tax in particular, among environmental taxes, conventionally external expenses are internalized by the method of direct taxation against the emissions of carbon dioxide, that is, it has a role of correcting the failure of a market, where an environmental burden is not considered so far in a market economy because of the externality against environmental pollutions.