1. Describe how a Carbon Tax works. What would be the expected benefits of a Carbon...

 

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1. Describe how a Carbon Tax works. What would be the expected benefits of a Carbon Tax system? What would be the drawbacks? Research two cases where a carbon tax has been used? What have been the results for the economy and for the reduction of emissions? (4 marks) 2. Describe how a Cap-and-Trade system works. What would be the expected benefits of a Cap-and-Trade system? What would be the drawbacks? Research two cases where a Cap-and-Trade system has been used. What have been the results for the economy and for the reduction of emissiońs? (4 marks) 3. Based on your research, present recommendations for what govermment action should be taken on this issue in Canada. Consider both the environmental needs and those of the economy. Consider the benefits and costs of each approach. (2 marks) 1. Describe how a Carbon Tax works. What would be the expected benefits of a Carbon Tax system? What would be the drawbacks? Research two cases where a carbon tax has been used? What have been the results for the economy and for the reduction of emissions? (4 marks) 2. Describe how a Cap-and-Trade system works. What would be the expected benefits of a Cap-and-Trade system? What would be the drawbacks? Research two cases where a Cap-and-Trade system has been used. What have been the results for the economy and for the reduction of emissiońs? (4 marks) 3. Based on your research, present recommendations for what govermment action should be taken on this issue in Canada. Consider both the environmental needs and those of the economy. Consider the benefits and costs of each approach. (2 marks)

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Answer Explanation 3 1 Carbon tax is a type of tax which is imposed on the amount of burning of carb... View the full answer