which country was the first country to impose carbon tax
Carbon tax Finland was the first country in the 1990s to introduce a CO2 tax, initially with few exemptions for specific fuels or sectors.[92] Since then, however, energy taxation has been changed many times and substantially. These changes were related to the opening of the Nordic electricity market. Other Nordic countries exempted energy-intensive industries, and Finnish industries felt disadvantaged by this. Finland did place a border tax on imported electricity, but this was found to be out of line with EU single market legislation. Changes were then made to the carbon tax to partially exclude energy-intensive firms. This had the effect of increasing the costs of reducing CO2 emissions (p.Â 16).