The most efficient way of reducing greenhouse gases is
A) discouraging attempts to develop alternative energy sources.
B) subsidizing "green" fuels.
C) implementing carbon taxes.
D) outlawing smog-producing industries.
E) giving away cap-and-trade permits instead of auctioning them.

Question

Quizplus · Accepted Answer

Implementing carbon taxes is the most efficient way of reducing greenhouse gases as it creates a financial incentive for individuals and companies to decrease their carbon footprint. By placing a tax on carbon emissions, individuals and companies are encouraged to switch to alternative energy sources or reduce their energy consumption, leading to a reduction in greenhouse gas emissions. Additionally, the revenue collected from carbon taxes can be reinvested in renewable energy and climate change mitigation measures.

The Most Efficient Way of Reducing Greenhouse Gases Is