Carbon Tax: Implications and Benefits for Environmental Science

This assignment examines the concept of a carbon tax and its potential impact on climate change. The author argues in favor of carbon tax, emphasizing its role in reducing carbon emissions and promoting the use of alternative energy sources. The assignment highlights the adverse effects of climate change, such as increased wildfires and extreme weather events, and supports the use of carbon tax to fund agencies involved in mitigating these effects. References are provided to support the arguments, highlighting the economic and environmental benefits of carbon tax. The assignment also discusses the revenue generated from carbon tax and how it can be used to promote cleaner energy and support government agencies dealing with climate change. Overall, the assignment presents a case for the implementation of a carbon tax as a crucial step towards combating climate change and promoting environmental sustainability.

Carbon Tax
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Carbon Tax
Carbon Tax
I would support the implementation of carbon tax as a national policy because this will
consequently reduce the use of coal as a source of fuel which has contributed most to carbon
emissions to the environment. Consistent increase of carbon dioxide into the atmosphere has
contributed adversely to climate change especially global warming (Wang, Zhao, Li & Su 2018)
which has grave consequences to the environment and human life. According to NASA, global
warming has contributed to increase of wild fires, tropical storms and droughts. Therefore the
cost of transiting away from the fossil fuels to environmentally friendly fuels and energy like
wind energy and solar energy cannot be compared to the effects of carbon emissions. Secondly,
carbon tax will make the cost of electricity and gasoline high and this will force the consumers to
be more energy efficient thus reducing the carbon emissions.
The tax revenues collected would be directed to investing in new technology to be used in
generating alternative energy, for example investing in wind vanes solar harnessing stations. I
would also use this revenue to fund and compensate state agencies tasked with the noble task of
dealing with the effects of climate change (Caron et.al 218). Such agencies are Federal
Emergency Management Agency which focus on effects of hurricanes and U.S forest service
which deals with forest management and curbing wildfires.

Carbon Tax
References
Wang, Q., Zhao, M., Li, R., & Su, M. (2018). Decomposition and decoupling analysis of carbon
emissions from economic growth: A comparative study of China and the United States.
Journal of Cleaner Production, 197, 178-184.
Caron, J., Cole, J., Goettle, R., Onda, C., McFarland, J., & Woollacott, J. (2018). Distributional
implications of a national CO2 tax in the US across income classes and regions: A multi-
model overview. Climate change economics, 9(01), 1840004.