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The economic problem

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Question 17

A government is evaluating the introduction of a £50 \pounds 50\,£50 per tonne carbon tax on major industrial polluters. Which of the following statements about this policy is a positive economic statement?

A carbon tax of £50\pounds 50£50 per tonne is estimated to reduce industrial carbon emissions by 15%15\%15% within three years.

A carbon tax is a fairer policy for reducing carbon emissions than implementing a cap-and-trade scheme.

The revenue generated from the carbon tax should be ring-fenced to fund community-based green energy initiatives.

It is morally unacceptable for a government to prioritize short-term industrial growth over environmental preservation.

The economic problem Questions

  1. A Level
  2. /Economics
  3. /The economic problem