Green taxes (e.g. on carbon emissions) are designed to internalise environmental externalities and thereby force firms to
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Green taxes (e.g. on carbon emissions) are designed to ‘internalise’ environmental externalities and thereby force firms to take such externalities into account in their decision making. Should such taxes be reduced for firms that adopt a more environmentally responsible approach?
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If the taxes accurately internalise the externality in other words if ...View the full answer
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