Green Levy


Green Levy
A tax imposed by a government on sources of pollution or carbon emission. A green levy is aimed at discouraging the use of gas guzzlers and inefficient sources of energy, and encouraging the implementation of environmental-friendly alternatives. The term is most commonly used in relation to a tax on fuel-inefficient vehicles.

For example, a green levy introduced in Canada in March 2007 is applicable to new passenger vehicles such as cars and SUVs that have a fuel consumption of 13 liters (approximately three gallons) or more per 100 kilometers (about 62 miles).

Some critics of green levies claim that they amount to stealth taxes that hurt consumers by pushing up vehicle prices, but do little to curb emissions.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Green Party (Ireland) — Green Party Comhaontas Glas Leader Eamon Ryan Chairman Dan Boyle …   Wikipedia

  • Levy Restaurants — is a restaurant franchise company based in Chicago specializing in providing premium quality vending and food services to major entertainment and sports venues. It is a unit of Compass Group, and was founded in 1978. It operates 95 foodservice… …   Wikipedia

  • LEVY, DAVID — (1937– ), Israeli politician, member of the Knesset from the Seventh Knesset. Levy was born in Rabat, Morocco, receiving a traditional Jewish upbringing, studying at the Alliance school in Rabat. He immigrated to Israel in 1957 with his family,… …   Encyclopedia of Judaism

  • Green politics — is a political ideology which places a high importance on ecological and environmental goals, and on achieving these goals through broad based, grassroots, participatory democracy. Green politics is advocated by supporters of the Green movement,… …   Wikipedia

  • Green tuning — Green tuned cars are cars that have been tuned to use initial or deeper alternative propulsion.Types of green tuning include: *Electric vehicle conversion. An electric vehicle conversion is the modification of a conventional internal combustion… …   Wikipedia

  • Green Student Council — Infobox Union name = Green Student Council members = Student volunteers native name = 綠色學生聯會 founded = August 1993 country = Hong Kong, China affiliation = Non governmental organization colours = Red current chairperson = Angus Ho website=… …   Wikipedia

  • Green electricity in the United Kingdom — There are a number of suppliers offering green electricity in the United Kingdom, either supplying electricity from existing environmentally friendly energy sources, promising to invest a proportion of profits into new renewable energy generating …   Wikipedia

  • Green vehicle — The Toyota Prius is the world s top selling hybrid car, with cumulative global sales of 2.0 million units by September 2010,[1] and has become the icon of green cars. A green vehicle or environmentally friendly vehicle …   Wikipedia

  • Green with Evil — Infobox Television episode Title = Green With Evil Series = Mighty Morphin Power Rangers Caption = Season = 1 Episode = 17 21 Airdate = October 5 October 9, 1993 Production = 117 121 Writer = Tony Oliver Shuki Levy Director = Adrian Carr… …   Wikipedia

  • Green Party of Texas — The Green Party of Texas is the state party organization for Texas of the Green Party of the United States.HistoryThe Green Party of Texas began to organize a serious, statewide, grassroots effort in the late 1990s. While there were certainly… …   Wikipedia