Is the carbon tax working?
Submitted to Carbon tax
This news clip features how experts and advocacy groups weigh in on BC’s carbon tax.
Economics Help suggests that carbon taxes aim to make individuals and firms pay the full social cost of carbon pollution. In theory, the tax will reduce pollution and encourage more environmentally friendly alternatives. However, critics argue a tax on carbon will increase costs for business and reduce levels of investment and economic growth.
Here are their carbon tax pros and cons:
Where do you stand on carbon taxes?