According to a recent Reuters news, Bangladesh will introduce carbon tax on fuel from this June. The news of imposing carbon tax has drawn mixed reactions from the people. While some businesses and environmental groups have welcomed the plan, some feared adverse effect. Bangladesh has a commitment to reduce carbon emissions by 5.0 per cent in its Nationally Determined Contribution (INDC) during COP21 in Paris. According to Paris Climate Agreement, signatory countries must take measures as per their national climate action plan.