A carbon tax will raise the price of an energy-intensive good such as steel.

Name: A carbon tax will raise the price of an energy-intensive good such as steel.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A carbon tax is designed to make industries pay for the carbon emissions they produce. Energy-intensive industries such as steel production emit a lot of carbon, so they would be affected by a carbon tax. This would increase their operating costs, which could result in higher prices for their products, including steel.

A Carbon Tax Will Raise the Price of an Energy-Intensive