Environmental Economics Essay Help

Task:

• Discuss the objective(s) of policies to reduce CO 2  emissions.
• Use economic theory (graphs) to explain the effects of the carbon tax with a cap and trade system in CO 2.  Discuss the effectiveness of these policies in the reduction of CO 2  and how they operate.
• Discuss the practical implementation and political feasibility of these policy instruments why these policies have succeeded or failed in achieving their goal.
• Provide recommendations for Australia moving forward, which policy or policies should the country implement to reduce CO 2  emissions and why. How will these policies achieve their objective (see first bullet point)?