Which of the following is not an argument for imposing a carbon tax to address global warming?
A) Revenue from a carbon tax could be used to reduce payroll taxes leaving the total tax burden unchanged while reducing carbon emissions.
B) A carbon tax would allow the government to set the quantity of carbon dioxide pollution.
C) A carbon tax would be less costly to consumers and result in greater carbon reduction than regulations requiring increased fuel efficiency.
D) A global carbon tax would be easier to negotiate with foreign governments than the terms of a tradable pollution permit system.
Correct Answer:
Verified
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