Economic Equity, Environmental Preservation, Taxation Policy Preferences, And Public Perceptives In The Net Zero Greenhouse Gas Emissions Transition Process: An Analysis Based On Survey Evidence

Mayan Raika

doi:10.36948/ijfmr.2026.v08i03.77053

Economic Equity, Environmental Preservation, Taxation Policy Preferences, And Public Perceptives In The Net Zero Greenhouse Gas Emissions Transition Process: An Analysis Based On Survey Evidence

Author(s)	Mr. Mayan Raika
Country	India
Abstract	This study examines whether the economic and social costs of attaining net zero greenhouse gas emissions by 2050 are justified by their long-run environmental and financial benefits. The research paper incorporates secondary data from academic economic publications and literature reviews, along with primary data collected through a detailed online survey to investigate this economic concept. The survey outcome compiled 100 respondents' responses to assess general public understanding, expense viewpoints, social significance, and preferred regulations connected with the net zero greenhouse gas emissions transitional process. The survey results demonstrate a reasonable but inconsistent grade of general public awareness, with survey respondents primarily recognizing the environmental preservation essentiality of attaining net zero, while communicating apprehension over short-run associated financial expenses, increasing energy prices, and probable upheavals in the fossil fuel sector. The fundamental concern of social justice during this transnational process evolves as a prominent consideration, with numerous survey respondents expecting unfavorable effects on vulnerable societies, lesser-income households and fossil-fuel-reliant employees. The study furthermore brings out an actual trade-off between financial efficiency and social balance. While market-established tools like carbon taxation are likely to work effectively in academic scenarios to grapple with environmental degradation issues, their general public acceptance relies greatly on social justice, public policy transparency, and compensatory instruments like progressive redistribution of carbon tax revenue. Evidence from the literature review section and online survey outcome indicate that the long-run advantages of the net zero greenhouse gas transitional process incorporating fresh innovations in the field of renewable energy, green employment, reduced pollution levels, enhanced public health, decreased level of global warming and corresponding economic deteriorations are likely to overpower the primary expenses to achieve net zero. The analysis infers that the economic and social expenditures of attaining net zero are justified, provided that public regulations are executed through socially inclusive, unbiased, and satisfactorily formulated channels. Efficacious redistribution, adequate training and reskilling of employees to support the market transitional process, and transparent public communication are vital to ensure financial efficiency and societal approval. Consequently, the success of the net zero greenhouse gas emissions’ transitional process pivots not just on its environmental essentiality but furthermore on the technique in which it is implemented.
Published In	Volume 8, Issue 3, May-June 2026
Published On	2026-05-15
DOI	https://doi.org/10.36948/ijfmr.2026.v08i03.77053

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Economic Equity, Environmental Preservation, Taxation Policy Preferences, And Public Perceptives In The Net Zero Greenhouse Gas Emissions Transition Process: An Analysis Based On Survey Evidence

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