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2. Raises Revenue. The revenue raised from carbon tax could be used to subsidise alternatives such as green electricity. Or the revenue raised could be used to repair the damage caused by environmental pollution.
3. Leads to a socially efficient. Outcome. It makes people pay the social cost and overcomes the excess consumption.
2.To increase the income, income from the carbon tax increase can be used to subsidize alternatives such as green electricity or revenue. Can be used to repair the damage caused by environmental pollution
.The social efficiency It makes people pay social expenses occurred. And overcome the excess consumption
can be used to fix damage caused of environment pollution.
can be used to fix damage caused. Of environment polleution.
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