What are Carbon Taxes? - Deepstash
What are Carbon Taxes?

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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emay

ENFJ 💮 An economics-psychology student navigating her way through life. I'm really an introvert based on social standards.

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