4 |306.7 |49.8 | Source : being Bank (2009). State and Trends of the degree Celsius Market separate policy option-Environmental tax A atomic number 6 tax is a model(prenominal) environmental tax on emissions of carbon dioxid e. This tax back(prenominal) end buoy be i! mplemented by levy the burning of fossil fuels-coal and oil-in proportion to their carbon content. We can disunite effects of carbon tax into two expressions. The first case is that the tax can restrain the use of carbon white plague by fosterage the overall cost of fossil fuel. The second case is that the carbon tax can restrain CO2 emissions indirectly by facilitating development of alternative energy. When comparing carbon tax with other options I would like to regard the carbon tax as superior to the direct command-and-control regulation and the carbon cap-and-trade system for several(prenominal) reasons 1. A Carbon tax is an incentive-based policy so depart result in...If you want to get a broad essay, aim it on our website: OrderCustomPaper.com
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