Tax havenA tax haven is a term, sometimes used negatively and for political reasons, to describe a place with very low tax rates for non-domiciled investors, even if the official rates may be higher. In some older definitions, a tax haven also offers financial secrecy. However, while countries with high levels of secrecy but also high rates of taxation, most notably the United States and Germany in the Financial Secrecy Index ("FSI") rankings, can be featured in some tax haven lists, they are often omitted from lists for political reasons or through lack of subject matter knowledge.
Regressive taxA regressive tax is a tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases. "Regressive" describes a distribution effect on income or expenditure, referring to the way the rate progresses from high to low, so that the average tax rate exceeds the marginal tax rate. In terms of individual income and wealth, a regressive tax imposes a greater burden (relative to resources) on the poor than on the rich: there is an inverse relationship between the tax rate and the taxpayer's ability to pay, as measured by assets, consumption, or income.
Greenhouse and icehouse EarthThroughout Earth's climate history (Paleoclimate) its climate has fluctuated between two primary states: greenhouse and icehouse Earth. Both climate states last for millions of years and should not be confused with glacial and interglacial periods, which occur as alternate phases within an icehouse period and tend to last less than 1 million years. There are five known Icehouse periods in Earth's climate history, which are known as the Huronian, Cryogenian, Andean-Saharan, Late Paleozoic, and Late Cenozoic glaciations.
Greenhouse gas emissions from agricultureThe amount of greenhouse gas emissions from agriculture is significant: The agriculture, forestry and land use sector contribute between 13% and 21% of global greenhouse gas emissions. Agriculture contributes towards climate change through direct greenhouse gas emissions and by the conversion of non-agricultural land such as forests into agricultural land. Emissions of nitrous oxide, methane make up over half of total greenhouse gas emission from agriculture. Animal husbandry is a major source of greenhouse gas emissions.
Fluorinated gasesFluorinated gases (F-gases) are chemical compounds containing fluorine that are gases near room temperature. The most common F-gases are hydrofluorocarbons (HFCs), which contain hydrogen, fluorine, and carbon. They are used in a multitude of applications including commercial refrigeration, industrial refrigeration, air-conditioning systems, heat pump equipment, and as blowing agents for foams, fire extinguishants, aerosol propellants, and solvents. HFC-134a (1,1,1,2-Tetrafluoroethane) has grown to become the most abundant HFC in earth's atmosphere as of year 2015.
Carbon taxA carbon tax is a tax levied on the carbon emissions required to produce goods and services. Carbon taxes are intended to make visible the "hidden" social costs of carbon emissions, which are otherwise felt only in indirect ways like more severe weather events. In this way, they are designed to reduce greenhouse gas emissions by increasing prices of the fossil fuels that emit them when burned. This both decreases demand for goods and services that produce high emissions and incentivizes making them less carbon-intensive.
Indirect taxAn indirect tax (such as sales tax, per unit tax, value added tax (VAT), or goods and services tax (GST), excise, consumption tax, tariff) is a tax that is levied upon goods and services before they reach the customer who ultimately pays the indirect tax as a part of market price of the good or service purchased. Alternatively, if the entity who pays taxes to the tax collecting authority does not suffer a corresponding reduction in income, i.e., impact and tax incidence are not on the same entity meaning that tax can be shifted or passed on, then the tax is indirect.
Fugitive gas emissionsFugitive gas emissions are emissions of gas (typically natural gas, which contains methane) to atmosphere or groundwater which result from oil and gas or coal mining activity. In 2016, these emissions, when converted to their equivalent impact of carbon dioxide, accounted for 5.8% of all global greenhouse gas emissions. Most fugitive emissions are the result of loss of well integrity through poorly sealed well casings due to geochemically unstable cement.
Tax rateIn a tax system, the tax rate is the ratio (usually expressed as a percentage) at which a business or person is taxed. There are several methods used to present a tax rate: statutory, average, marginal, and effective. These rates can also be presented using different definitions applied to a tax base: inclusive and exclusive. A statutory tax rate is the legally imposed rate. An income tax could have multiple statutory rates for different income levels, where a sales tax may have a flat statutory rate.
PoliticsPolitics () is the set of activities that are associated with making decisions in groups, or other forms of power relations among individuals, such as the distribution of resources or status. The branch of social science that studies politics and government is referred to as political science. It may be used positively in the context of a "political solution" which is compromising and nonviolent, or descriptively as "the art or science of government", but also often carries a negative connotation.
