Cess on coal at Rs 100 per ton is a type of
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EPFO AO EO 2017
carbon tax
Correct Answercarbon subsidy
Incorrect Answercarbon incentive for technology
Incorrect Answercarbon incentive for selling carbon permit
Incorrect AnswerExplanation:
- Option 1: Carbon tax - Correct, a cess on coal at Rs 100 per ton is a form of carbon tax. It is levied to discourage the use of coal by making it more expensive due to its carbon emissions.
- Option 2: Carbon subsidy - This term refers to financial support to reduce emissions, not applicable here.
- Option 3: Carbon incentive for technology - This would involve rewards or support for technological advancements, not a tax.
- Option 4: Carbon incentive for selling carbon permit - Related to trading systems, not a tax imposed per ton of coal.