A gas tax that a government enacts to fight climate change works by: O externalizing the internal cost of climate change. internalizing the external cost of climate change. O raising funds that the government can use to fight climate change. raising funds to finance social safety net programs needed to cushion the downturn caused by the transition to a green economy.

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter30: Market Failure: Externalities, Public Goods, And Asymmetric Information
Section: Chapter Questions
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A gas tax that a government enacts to fight climate change works by: O externalizing the internal cost of climate change. internalizing the external cost of climate change. O raising funds that the government can use to fight climate change. raising funds to finance social safety net programs needed to cushion the downturn caused by the transition to a green economy.

 

 

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