Which of the following are correct about carbon regulations. Please check all that apply. Firms generally prefer cap and trade programs (compared to carbon tax) due to cost certainty. Environmentalists typically prefer a cap and trade program (compared to a carbon tax) due to benefits certainty. A cap and trade program regulates all firms selling services to other firms and/or consumers. A carbon tax program impacts all fossil fuel consumers. A carbon tax only impacts the heavy emitters, such as utilities, cement manufacturers, paper manufacturers, etc.
Which of the following are correct about carbon regulations. Please check all that apply. Firms generally prefer cap and trade programs (compared to carbon tax) due to cost certainty. Environmentalists typically prefer a cap and trade program (compared to a carbon tax) due to benefits certainty. A cap and trade program regulates all firms selling services to other firms and/or consumers. A carbon tax program impacts all fossil fuel consumers. A carbon tax only impacts the heavy emitters, such as utilities, cement manufacturers, paper manufacturers, etc.
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter14: Environmental Economics
Section: Chapter Questions
Problem 3SQ
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