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THE CO2 TAX

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Finland was the first country in the world to introduce a carbon tax.

In 1990 Finland became the first country in the world to introduce a carbon dioxide
(CO2) tax. Carbon taxes are now considered to be one of the most important economic
instruments for fighting global climate change

The basic idea behind the carbon tax is to make emitting CO2 expensive. By doing this, both manufacturing and consumption are guided towards a more sustainable direction. When it comes to state-level climate action, energy taxation is an efficient tool for reducing the use of fossil fuels. This is why it’s at the core of Finland’s energy and climate policy, and why Finland is constantly developing energy taxation to move away from fossil fuels even faster.

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