The global climate effort of lowering down the temperatures can refrain the deve

Perhaps most troubling for oil companies over the long term is the goal — agreed to last December by virtually every country in the world at a climate conference in Paris — of staving off a rise in average global temperatures of more than 2 degrees Celsius above preindustrial levels.

You are no doubt right that alcohol and tobacco are good candidates for an excise tax, at least in part because they are viewed as commodities that are "sinful". An excise tax is a tax per unit sold: per pack of cigarettes or per unit-volume of alcohol.