Provide examples of price ceilings, price ceiling

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Reference no: EM133402068

Question 1. Please provide examples of price ceilings, price ceiling and similarly form of price controls (e.g. gas rationing in NJ during Hurricane Sandy to distribute scarce supply) and as to whether in your view such disequilibrium is justified or not.

Question 2. As you know climate change is particularly associated with the release of CO2 when burning Carbon based energy sources such as fuel, coal, etc. What do you think are the issues associated with implementing a tax on carbon. Feel free to refer to recent events such as the Yellow vest demonstrations in France in 2018, California carbon tax, the goal of the Paris Agreement to reduce emission, etc.

Reference no: EM133402068

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