The Effect of Carbon tax on Economic Growth of Developed and Developing countries

The introduction of carbon taxation had emerged as a prominent policy tool to mitigate climate change by targeting carbon dioxide emissions. This paper investigates the impact of carbon tax implementation on emission levels in both developed and developing countries. Specifically, the study analyzes how the tax has influenced carbon output and economic behavior across different national contexts. The findings reveal that rapid growing economies tend to pollute more compared to slow-paced economies. The study suggests that the effectiveness of carbon taxation is closely tied to governance quality, complementary policies, and economic structure.