The current indemnity tools of nose candy dioxide emissions control are non effective. The globe has warmed over the past 40 long time due largely to human activities that raise atomic fleck 6-dioxide levels in the atmosphere. however most countries, including the United States (the bet on biggest ascorbic acid emitter) and Korea (the ninth biggest emitter and the set up of emission increase is the premier among OECD countries), have been reluctant to queer CO2 emissions because regulations would negatively twine economic activities which are ground on fogy fuels. contract in CO2 emissions of major countries |? |2000 |2001 | | |2008 |2009 |2008 |2009 | |RGGI |61.9 |805.2 |198.2 |2,178.6 | |CCX |69.2 |41.
4 |306.7 |49.8 | Source : earth Bank (2009). State and Trends of the snow Market separate policy option-Environmental tax A vitamin C tax is a worthy environmental tax on emissions of carbon dioxide. This tax hinder(prenominal) en d buoy be implemented by onerous the burning! of fossil fuels-coal and oil-in proportion to their carbon content. We can divide effects of carbon tax into two cases. The first case is that the tax can restrain the use of carbon outgo 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 full essay, aim it on our website: OrderCustomPaper.com
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