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If the government wants to reduce the burning of fossil fuels, it should impose a tax on
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- How would you distinguish between consumerism and environmentalism in terms of scope and influence?What happens in the market for a good that pollutes the air when it is manufactured if government decides to tax consumers when the product is purchased? Will this reduce the amount of air pollution?What happens in the market for a good that pollutes the air when it is manufactured if government decides to tax its production? Will this reduce the amount of air pollution?
- In what ways is pollution still a problem?Identify at least one positive and negative externality from running a hamburger shop. What is one example of how an externality could affect the price of your hamburger?Externalities Do you think that there would be external effects associated with Water from a uranium mine leaking into Kakadu National Park? If so, what would be the nature of the external effects? Can you think of policies that might deal with each external effect (that is, improve social wellbeing)?
- What are externalities?Externalities Do you think that there would be external effects assocociated with water from a uranium mine leaking into Kakadu National Park? If so, what would be the nature of the external effects? Can you think of policies that might deal with each external effect (that is, improve social wellbeing)?Explain clearly what a Carbon Tax is. Then explain clearly what an Emissions Trading scheme is.
