(1) Given the fact that carbon tax of $75 a ton would raise electricity prices up to 50% and gas prices by 15-20% (as well as raising costs of production for most businesses), would you be in favor of such a tax? Explain why or why not.

Answer rating: 100% (QA)

Pros of a Carbon Tax 1 Encourages Reduced Emissions A carbon tax incentivizes businesses and individ... View the full answer