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Addressing the external cost of carbon emissions

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Reference no: EM132603476

The Australian government is considering different methods for pricing carbon emissions. In this question please answer for different point.

What is the general rationale behind introducing a price for carbon emissions?

Explain three methods for addressing the external cost of carbon emissions.

Demonstrate graphically carbon tax pricing to address the external cost of carbon emissions.

Discuss who you think would carry the cost of a carbon tax for elastic vs inelastic goods and services.

Reference no: EM132603476

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