The Carbon-light Energy Act
Regulation|Energy
Purpose:To regulate the means of which a nation can produce energy in an effort to reduce global carbon emissions.
Description: Recognising that providing additional funding and economic incentives towards the production of energy in a carbon-neutral or carbon-light way will encourage businesses to use carbon-light or carbon-neutral energy sources over carbon-heavy energy sources. These very same incentives will also encourage economic growth by creating a competitive and innovative environment.
Hereby requires governments to:
1.) Provide economic funding and incentives to encourage businesses to switch to and/or develop new methods of producing energy in a carbon-light or carbon-neutral fashion.
2.) Increase taxes on carbon-heavy energy sources (i.e. coal, oil, natural gas, etc.) in an effort to dissuade businesses from using and/or producing carbon-heavy energy sources.
3.) Create tax incentives for education systems who educate their students on carbon-light and carbon-neutral energy sources and production.
4.) Have at minimum 40% of your nation’s energy production produced by carbon-light and/or carbon-neutral energy sources by the end of the 5th fiscal year, starting on the day this act gets enacted.