S.5. Carbon Tax
About |
Carbon tax is a fee based on the amount of carbon in fuels, such as coal. It’s seen as an alternative to the ‘cap and trade’ method, aiming to reduce fossil fuel use and encourage the use of other energy sources. |
How Does it Work? |
The goal of carbon tax is to gradually decrease fossil fuel use. It starts at a low amount and increases over time, giving industries and technology a chance to adapt. The idea is to make using fossil fuels more expensive, pushing people and businesses to choose cleaner energy options. |
Why Might Carbon Tax be Better? |
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