Question

What is carbon tax? Do you support it? Explain your choice in 10 sentences

What is carbon tax? Do you support it? Explain your choice in 10 sentences

Homework Answers

Answer #1

Carbon tax is a tax on fossil fuels . It is levied on the carbon content of fuels . It is a form of carbon pricing . It is a mode to reduce emission of greenhouse gases . It can be seen as a disincentive tax for the consumption of oil and gas energy . All fossil fuels, such as gasoline, natural gas, coal and oil, are hydrocarbons and give off carbon dioxide during combustion .

Yes I do support it . It is more easier to implement than other cap and trade methods . It makes polluters pay external costs of pollution . It is of greater social efficiency . It increases government revenue . Creates incentive for people to look for other sources of energy such as solar power . It reduces usage of fossil fuels by industries and reduces mass pollution .

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