Carbon Emission Tax as Tool For Reducing Emission In Nigeria: A Literature Review

Carbon Emission Tax as Tool For Reducing Emission In Nigeria: A Literature Review

Author by Dr. Ifayemi Olayinka

Journal/Publisher: International Journal Of Development Research

Volume/Edition: 10

Language: English

Pages: 34209 - 34215

Abstract

This paper through literature review and meta-analysis investigates carbon emission tax as a tool
for emission reduction in Nigeria’s economy. To obtain robust findings, other countries
experience as regards to carbon emission tax policy implementation were reviewed. Findings
from the meta-analysis show thatcarbon emission tax would significantly reduce carbon
emissions and energy consumption from fossil fuels. Therefore, Nigeria should strive to promote
clean and friendly environment, which is essential to reducing carbon emission.Furthermore,
implementing a carbon emission tax would improve the use of clean energy, which would be an
effective means of reducing carbon emissions. Therefore, the Nigeria government should
formulate the regulations for and pass a carbon emission tax as early as possible to achieve its
carbon emission reduction target and further contribute to mitigating climate change.


Other Co-Authors