What are the benefits of a carbon tax?
A carbon tax can reduce greenhouse gas emissions, encourage cleaner energy, and generate revenue for sustainable projects.
How does it encourage cleaner energy?
By making fossil fuels more expensive, a carbon tax incentivizes businesses and consumers to switch to renewable energy sources.
What kind of revenue can it generate?
The revenue can be used for public services, renewable energy investments, or even returned to citizens through rebates.
Are there any economic downsides?
Some argue it could increase costs for consumers and businesses, but many studies suggest the long-term benefits outweigh these.
How do other countries implement carbon taxes?
Countries like Sweden and Canada have successfully implemented carbon taxes, using the revenue for green initiatives and social programs.
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