What are Carbon Taxes?
Carbon taxes are government fees imposed on carbon-emitting firms and businesses for each ton of greenhouse gases they emit.
According to Parry (2019), countries will greatly benefit from carbon taxation in reducing greenhouse gases; however, what Parry fails to cover in his study is how this would affect the economies of the developing countries.
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ENFJ 💮 An economics-psychology student navigating her way through life. I'm really an introvert based on social standards.
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Is the World Ready for Carbon Prices?
Mitigation of climate change is a global responsibility that all nations take part in.
Being in an era where industrialization and modernization exacerbate the condition of our environment, among the measures that policymakers proposed to ease the impact of this environmental phenomenon is...
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