4 |306.7 |49.8 | Source : valet Bank (2009). State and Trends of the coke Market separate policy option-Environmental tax A coke tax is a model(a) environmental tax on emissions of carbon dioxide. This tax hinder(prenominal) end buoy be implemented! by burdensome the burning of fossil fuels-coal and oil-in proportion to their carbon content. We can break up effects of carbon tax into two fortunes. The first case is that the tax can restrain the use of carbon spending 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 generous essay, aim it on our website: OrderCustomPaper.com
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